Simpsonville, SC 29681 Real Estate Market Report

ZIP Code: 29681
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 for properties in Simpsonville SC are 6.39%, which is 0.52% higher than the 5.87% rates observed for typical loans in this area 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. The neighborhood's primary market value is represented by the median sold price of 375,913, which indicates realized transaction levels and should be prioritized over asking prices when valuing comparable SFR and condo listings.

2. There is a meaningful spread between the median listing price of 424,200 and the median sold price of 375,913, which may indicate pricing friction and elevated seller expectations relative to recent transactions; consider emphasizing comparable solds when negotiating offers.

3. Market liquidity shows slower sales velocity with a median days on market of 216, consistent with a relatively constrained active supply and suggesting agents should plan for longer marketing periods and more selective pricing strategies to improve time-to-contract.

4. Broader market context: price trends are up while market temperature is neutral, rent trends are down, and interest rate pressure is elevated—this combination suggests cautious buyer behavior despite modest price appreciation, so sellers may need to balance list strategies against higher financing costs.

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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.