Greenville, SC 29611 Real Estate Market Report

ZIP Code: 29611
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.

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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.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Greenville, SC are approximately 6.35%, which is 0.5% higher than the 5.85% average seen by property owners in this market during February 2026.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. $219,500 median sold price is the primary indication of current market value and recent transaction activity in 29611; coupled with a median days on market of 255, this suggests a representative recent sale level but slower sales velocity relative to hotter markets. stable transaction baseline

2. $299,450 median listing price sits well above the median sold price, which may indicate pricing friction between seller expectations and final sale outcomes and suggests sellers should calibrate pricing to the realized median sold price. pricing gap

3. $177 median price per square foot and $1,495 median market rent together show the area supports rental demand while sales values remain moderate; with rent year-over-year trend reported as up and price year-over-year trend reported as up, both rent and price momentum are positive. rising rents and prices

4. Inventory context in the analyzed sample points to relatively constrained active supply versus recent sales, and the market temperature is reported as neutral—this implies balance rather than a strong buyer or seller advantage; interest rate pressure is described as moderate and current 30-year fixed mortgage rates are approximately 6.35%, which is 0.5% higher than the 5.85% average seen by property owners in February 2026, a factor that may temper buyer purchasing power. balanced 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.