Home Values in Greenville, SC: 2024 Trends to Know
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Alexandra Lee Junior Associate EditorClose
Alexandra Lee Junior Associate EditorAlexandra is a junior associate editor of HomeLight.com. Previously, she served as a writer and social media manager at Santa Barbara Life & Style Magazine, in addition to interning at the nonprofit honors society Phi Beta Kappa. Alexandra holds a bachelor's degree in communication and global studies from UC Santa Barbara, and she has three years of experience reporting on topics including international travel, luxury properties, celebrity interviews, fine dining, and more.
Curious about home values in Greenville, South Carolina? Whether you’re hoping to sell soon, looking to get rid of PMI, or simply want to stay up to date with current home values, browsing local market trends can serve as a helpful guide for your future plans.
In this article, we’ll walk you through recent home price trends in Greenville, offer advice for getting an accurate home value estimate, and suggest simple strategies to boost your home’s worth before selling. We’ll also share tools to help you lock in the highest price for your Greenville home with the help of a real estate agent.
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Editor’s note: This post is for educational purposes and is not intended to be construed as financial advice. HomeLight always encourages you to consult your own advisor.
Current home values in Greenville
Since 2020, the median home value in the Greenville metro area has climbed 41.7%. In June 2020, the typical home sold for $228,000, compared to $323,000 in June of this year, according to data from the South Carolina Association of Realtors.
The city of Greenville, however, is opening its eyes to affordable housing options after purchasing a six-acre, $10.7 million property in the Haynie-Sirrine neighborhood. The current plan is to repurpose the land for residential and commercial development.
“This is a neighborhood that lost its rental housing over 25 years ago. Now, this long-vacant land will be a beachhead of affordability in the very heart of downtown,” said Greenville Mayor Knox White in a recent Greenville Journal article.
Becky Warth, co-vice president of the Haynie-Sirrine Neighborhood Association, added, “…We want to see housing affordability first and foremost. This property lends itself to providing green space and connectivity to the other side of Church Street via the Springer Street Tunnel.
The table below illustrates just how much home prices have climbed in the Greenville area over the last five years:
| Year | Median home price | Percent change year-over-year |
| 2024 (June) | $323,000 | + 2.5% |
| 2023 | $314,990 | + 6.8% |
| 2022 | $294,862 | + 15.6% |
| 2021 | $255,000 | + 11.8% |
| 2020 | $228,000 | + 5.0% |
Source: South Carolina REALTORS
This trend isn’t limited to Greenville alone; it’s part of a larger nationwide phenomenon. The S&P CoreLogic Case-Shiller National Home Price Index shows that U.S. home price have jumped 47% since the beginning of 2020.
Because of this, homeowners have built up significant equity in their homes, which they can take advantage of to purchase new properties, pay debts, make home renovations, save for retirement, or use toward other financial goals. According to ICE’s Mortgage Monitor report, as of February 2024, the average mortgage-holding homeowner holds $299,000 in equity.
For comparison, the table below shows median home prices in cities near Greenville:
| City | Median home price | Distance from Greenville |
| Parker | $215,000 | 11 min (4.7 miles) |
| Welcome | $233,000 | 10 min (4.0 miles) |
| Gantt | $247,000 | 14 min (7.1 miles) |
| Berea | $275,000 | 10 min (4.8 miles) |
| Sans Souci | $267,500 | 7 min (3.0 miles) |
| Easley | $276,300 | 23 min (12.7 miles) |
| Greer | $363,000 | 19-22 min (12.0 miles) |
| Powdersville | $346,000 | 14 min (9.4 miles) |
| Lyman | $327,000 | 24-28 min (17.7 miles) |
| Fountain Inn | $342,600 | 21-24 min (20.2 miles) |
Home value averages of multiple public transaction sites
Typical travel times 8 a.m. midweek
In the next section, we’ll walk you through the best tools to estimate how much your Greenville-area home might be worth.
How to get a home value estimate
If you’re looking for an estimate of how much your Greenville home is worth — whether you want to calculate your expected net proceeds or come up with a competitive list price — there are multiple tools available to assist you.
Use an online home value estimator
The easiest way to get a quick, preliminary estimate is to use an online home value estimator like HomeLight’s. These tools work by pulling data from a combination of public records, such as county tax assessor information, recent MLS sales and listings, and user-submitted data. HomeLight takes it a step further by asking you seven specific questions about your property, including details like recent upgrades or unique features. This process allows for a more tailored valuation, and you can receive a ballpark estimate in just minutes, providing you with a starting point for your home-selling process.
Request a comparative market analysis
While an online estimator provides a helpful guesstimate for your Greenville home, a comparative market analysis (CMA) performed by a local agent can deliver a more accurate evaluation. A CMA analyzes similar comparable homes (or “comps”) that have sold recently in your area, evaluating specific criteria like size, location, age, condition, and features.
CMA reports usually include graphs, charts, photos, and detailed market trends to give you a comprehensive view of your home’s potential market value. Some agents do charge a small fee for this service, but many real estate agents offer CMAs for free, especially when you’re planning to list your home with them. Obtaining a CMA can ensure you don’t over- or under-price your home compared to its market value.
If you’re looking to sell your home in the next few months, HomeLight can connect you with top agents in Greenville. Using HomeLight’s free agent-matching service, you’ll be presented with up to three top professionals who have a proven track record of success in your neighborhood. Since agents don’t pay to be featured, you can feel confident that our results are unbiased. According to HomeLight’s internal data, the top 5% of listing agents can secure up to 10% more for your home sale than the average real estate agent.
Get a pre-listing appraisal
In most cases, a comparative market analysis will be all you need to get an accurate assessment of your home’s value. However, in some special circumstances, a pre-listing appraisal may be necessary to ensure the most precise valuation. This especially applies to homes that may be in a rural area with few comparable homes, or unique properties with a large amount of land. A professional appraiser will visit your property and evaluate its size, condition, and features to determine an appropriate value.
Keep in mind that a typical home appraisal will cost between $450 and $550, though you can expect higher fees for more complex properties, such as ultra-luxury homes. Even if you do get a professional appraisal, note that if the buyer is financing with a traditional mortgage, their lender will still require an appraisal to determine the loan amount.
How to increase the value of your Greenville home
If you’re looking to maximize the value of your Greenville home before selling, there are a few key improvements you can focus on to boost your sale price.
Curb appeal: Potential buyers’ first impressions will impact their overall view of the house. According to a recent study by the National Association of Realtors, 92% of realtors recommend improving curb appeal before listing on the market. This can include simple projects, such as painting the front door, putting up outdoor lighting, adding fresh mulch, and mowing the lawn, that will indicate that your house is well-kept.
Strategic updates: For the best return on investment, focus on making strategic home improvements that will have a high impact. For example, according to Zonda’s 2024 Cost vs. Value Report, replacing a garage door can recoup 194% of costs, making it one of the best value-adding projects. Other high-impact upgrades include updating or refinishing flooring, replacing kitchen or bathroom hardware, and repainting the walls.
Necessary fixes: Addressing essential repairs before the home inspection is wise to avoid any surprise deal-breakers. Focus on major home systems like your roof, foundation, HVAC, electrical, and plumbing to prevent unsolved problems that could scare off potential buyers or lead to reduced offers. Be sure to consult with your agent before taking on any time-consuming or expensive projects.
Decluttering and depersonalizing: Before you start showing your house to buyers, take the time to declutter and depersonalize the space. Don’t skip this step — according to one HomeLight survey, decluttering alone can boost your home’s value by $8,000 or more. This includes removing family photos and personal items from view, as well as religious symbols, collectibles, or memorabilia. Depersonalizing will help buyers to more easily imagine themselves living in your space.
Deep cleaning: Along with decluttering, a full deep cleaning prior to listing can make your home more attractive to buyers and boost its sale price — by an average of $3,700, according to a HomeLight survey of over 1,000 top agents. Pay special attention to scrubbing grout, having your carpets steam-cleaned, and washing windows to open up the space. Also, don’t forget to dust overlooked vents and baseboards. After all, buyers are more willing to look past minor flaws when a home is spotless.
Home staging: Once your home is fresh and clean, staging your home is a great final step to highlight the space and bring out all the best features. According to a HomeLight survey, professionally staged homes can sell for up to 13% more than unstaged ones. According to HomeLight’s most recent survey, 67% of agents agreed that staging is beneficial for home sales, while 31% reported that staging is actually “essential for a sale.”
Unlock Your Equity and Buy Before You Sell
Through our Buy Before You Sell program, HomeLight can help you unlock a portion of your equity upfront to put toward your next home. You can then make a strong offer on your next home with no home sale contingency.
How to buy before you sell in Greenville
If you’re curious about home values in Greenville because you’ve found your next dream home but need to sell first, HomeLight’s Buy Before You Sell (BBYS) program could be a game-changer.
This program enables you to unlock a portion of your existing home’s equity, helping you to then make a non-contingent competitive offer on a new property without having to wait for your current home to sell. If eligible, you can unlock this equity within 24 hours and face zero advance fees or obligations. Then, you can buy your new home, move in, and get settled first while focusing on selling your old home second. This setup will save you from the hassle of moving multiple times or living in a staged house.
If you decide to use BBYS, HomeLight charges a 2.4% flat fee of your current home’s sold price. If 90 days pass and your old house still hasn’t sold, HomeLight will purchase the property from you and continue working to sell it. Any profits earned from the eventual sale, after subtracting costs incurred by HomeLight, will be passed on to you.
See the video below to learn more about HomeLight’s Buy Before You Sell program:
How to find a top agent in Greenville
Choosing a top real estate agent with a proven track record is a fundamental factor in improving your home’s selling price. HomeLight’s agent matching service can connect you with up to three top agents in your local area in under two minutes, and it’s completely free to use. Because agents don’t pay to be featured, you can trust that this service is unbiased, based solely on the agent’s past sales, local expertise, and specialties.
When searching for the right agent, one key metric to consider is their sale-to-list ratio. This figure reflects how close a home’s final purchase price is to its original asking price, indicating whether or not an agent is skilled at pricing homes accurately. A high sale-to-list ratio means that the agent consistently secures top dollar for their clients.
To find the best fit for your home sale, it’s recommended to interview at least three real estate agents before making a decision. When assessing an agent’s skill set, you’ll want to post questions along the lines of:
- How long have you been in business?
- How well do you know this specific neighborhood?
- What types of homes and price ranges do you specialize in?
- What’s your average number of days on market?
- What is your commission rate?
- What would your marketing plan look like for this property?
- Could you provide me with a few client referrals?
The combination of both HomeLight’s agent match tool and the right interview questions will ensure you are well-positioned to find a local pro who will secure the best possible price for your home sale.
Get a free preliminary home estimate today
Whether you’re planning to sell soon or just exploring financial options, understanding local market trends and home values in your Greenville area will help guide your upcoming decisions. With HomeLight’s free home value estimator, you can quickly get a preliminary estimate for what your home might be worth, providing a valuable starting point for your decision-making process.
HomeLight can also connect you with top Greenville agents who can help sell your home for the best price. Or, with HomeLight’s Buy Before You Sell program, you can easily unlock your home’s equity to buy a new house before selling your current one. By staying up to date with market trends and leveraging the tips and tricks above, you’ll have all the tools necessary to maximize the value of your Greenville home.
Header Image Source: (Pixabay/Pixabay)
- "S&P CoreLogic Case-Shiller U.S. National Home Price Index," Federal Reserve Bank of St. Louis (June 2024)
- "Most REALTORS® Recommend Improving Curb Appeal, and Homeowners Can Benefit Financially and Emotionally by Remodeling Outdoor Features, NAR-NALP Report Finds," National Association of Realtors (March 2023)
- "Top Agent Insights for End of Year 2023," HomeLight (December 2023)
- " Top Agent Insights for Fall 2022," HomeLight (September 2022)
- "Top Agent Insights for Summer 2023," HomeLight (July 2023)
- "2023 Cost vs. Value Report," Zonda (March 2023)
- " February 2024 Mortgage Monitor," ICE Mortgage Technology (February 2024)
At HomeLight, our vision is a world where every real estate transaction is simple, certain, and satisfying. Therefore, we promote strict editorial integrity in each of our posts.
