Simpsonville, SC 29681 Real Estate Market Report

ZIP Code: 29681
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The median sold price in Simpsonville, SC is $369,000, reflecting a robust market despite elevated interest rates. The neighborhood has increased up since 2023, indicating a positive trend in property values. The market is characterized by moderate transaction volume and elevated inventory levels, suggesting a shift towards a more balanced environment. Buyers are facing a median days on market of 214, which points to slower sales velocity, yet the continued demand supported by a strong local economy may sustain pricing stability.

While the median listing price stands at $424,950, the gap between listing and sold prices may indicate pricing friction as sellers adjust expectations to align with market realities. The market temperature is currently assessed as neutral, reflecting a balance between supply and demand, although elevated interest rate pressure remains a concern for potential buyers. Overall, the Simpsonville market appears to be stabilizing, with opportunities for both buyers and sellers to navigate effectively.

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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 Simpsonville, SC are averaging 6.46% as of April 2, 2026, which is 0.24% lower than the average of 6.64% recorded a year ago.

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. $369,000 is the median sold price, indicating a positive trend in property values in Simpsonville, SC.

2. The median listing price of $424,950 suggests potential pricing friction as sellers adjust to market conditions.

3. With 214 days on market, the sales velocity is slower, indicating a need for buyers to be patient and strategic.

4. The market temperature is currently assessed as neutral, suggesting a balanced environment for buyers and sellers.

5. Elevated interest rate pressure remains a concern, which may impact buyer affordability and overall market dynamics.

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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.