Greer, SC—29650
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Greer, SC
Home Price Trends — Greer, SC
As of Oct '25, the median home price in Greer, SC is $363,000, with a year-over-year change of 1.3%. This indicates that home prices in Greer, SC are increasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $363,000 | 1.3% |
| Single Family | $366,000 | 1.1% |
| Condos | $287,000 | 2.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $220,000 | 0.0% |
3 Bed | $308,000 | 1.3% |
4 Bed | $494,000 | 2.9% |
| 5 Bed | $654,000 | 2.5% |
% of Housing Stock
Rental Trends — Greer, SC
As of July '25, Rentcast reports the average rent in Greer, SC is $1,800, with a year-over-year rent change of 4.0%. Per bedroom, the median rent as of July '25 in Greer, SC is 1-bedrooms: $1,100, 2-bedrooms: $1,420, 3-bedrooms: $1,880, 4-bedrooms: $2,400. The most common rental property sizes in Greer, SC are 2-bedroom and 3-bedroom, accounting for 48.6% and 25.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,750 | $1,800 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,180 | $1,100 |
| 2 Bed Rent | $1,380 | $1,420 |
| 3 Bed Rent | $1,850 | $1,880 |
| 4 Bed Rent | $2,400 | $2,400 |
% of Rental Stock
Property Listings — Greer, SC
As of Oct '25, Realtor.com reports that the median days on market for a home in Greer, SC is 51. This is a increase of 2.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 42.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $447,000 | 6.0% |
Listing Count | 165 | -1.0% |
| Listings as % of Homes | 0.6% | -1.0% |
Days on Market | 51 | 2.0% |
Demographics — Greer, SC
As of the latest ACS Survey released in 2023, Greer, SC has a population of 41,300, which has increased by 18.3% over the past 5 years. Greer, SC is a popular place for families, as children make up 25.1% of the population. The area has a highly educated workforce, with 51.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 41,300 | 18.3% |
% Under 18 | 25.1% | -4.6% |
% Seniors | 16.2% | 8.0% |
% WFH | 14.8% | 159.6% |
% w/ College Degree | 51.3% | 2.0% |
As of the latest ACS Survey released in 2023, Greer, SC is a predominantly white area, with 69.9% of the population identifying as white. The white population has shrunk by 4.5% in the last 5 years. The second most common race or ethnicity in Greer, SC is hispanic, making up 10.5% of the population. Foreign-born residents account for 13.0% of the population in Greer, SC, and this percentage has decreased by 12.2% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 69.9% | -4.5% |
% Black | 9.2% | 19.5% |
% Hispanic | 10.5% | 1.0% |
% Asian | 7.3% | 12.3% |
% Foreign Born | 13.0% | -12.2% |
Mortgage and Risk — Greer, SC
According to HUD data as of 2023, there were 727 mortgage originations in Greer, SC, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Greer, SC. Investor activity is low, as 2.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 727 |
% Conventional Loans | 87.0% |
% Government Loans | 13.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Greer, SC
As of 2024, the percent of homes in Greer, SC under the Section 8 program is 5.8%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Greer, SC, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 266 |
Total Units Section 8 | 226 |
% Rentals under Section 8 | 5.8% |
% Occupied Section 8 | 92.9% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $260 | $1,180 | $1,440 |
| 2 Bedroom | $210 | $1,380 | $1,590 |
| 3 Bedroom | $100 | $1,850 | $1,950 |
| 4 Bedroom | -$70 | $2,400 | $2,330 |
Affordability — Greer, SC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.8 |
| Median Home Price | $363,000 |
| Median Household Income | $91,600 |