Greenville, SC 29611 Real Estate Market Report

ZIP Code: 29611
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The real estate market in Greenville, SC (ZIP: 29611) is currently characterized by a median sold price of $237,000, reflecting a stable market despite recent fluctuations. The neighborhood has increased 8% since 2022, indicating a positive trend in property values. However, the market is experiencing elevated inventory levels, leading to longer selling times, with homes averaging 217 days on market. This suggests a shift towards a more balanced market, where buyers may have more negotiating power due to the excess supply relative to sales activity.

Additionally, the median listing price stands at $298,450, which presents a notable gap compared to the sold prices, indicating potential pricing friction. As the market temperature remains neutral, this environment may encourage cautious buyer behavior, particularly in light of the elevated interest rate pressure affecting overall market dynamics. Rental prices are also showing a slight year-over-year decrease, further reflecting the current market conditions.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

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Property Taxes

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Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

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Key Findings

1. The median sold price of $237,000 indicates a stable market with slight appreciation over the past year.

2. Homes are taking longer to sell, with a median days on market of 217, suggesting slower sales velocity.

3. The median listing price of $298,450 creates a significant gap with sold prices, indicating potential pricing friction in the market.

4. Elevated inventory levels suggest an excess supply relative to sales activity, which may lead to more favorable conditions for buyers.

5. Rental prices are experiencing a slight year-over-year decrease, reflecting a broader trend of softening in the rental market.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.