January 2025 Greenville Real Estate Market Update

We’re starting the year with a noticeable shift in momentum across the housing market. Mortgage rates recently hit a three-year low, driven in part by a federal announcement to purchase $200 billion in mortgage-backed bonds. While rates will always fluctuate, this change has already led to increased buyer interest—often an early sign that sales activity may pick up in the months ahead.

For homeowners and sellers, the Greenville market remains strong. Home values continue to trend upward, with the average sales price rising 3.6% in 2025 and the median price increasing 1.7% year-over-year. At the same time, inventory is rising, and wages are expected to grow faster than home prices, creating a healthier and more balanced environment. In this type of market, when and how a home is listed matters more than ever. Strategic timing, strong presentation, and thoughtful pricing are becoming key factors in achieving the best possible outcome as the market continues to normalize.