Housing Market Overview

Housing market data including home prices, rent costs, affordability metrics, and housing stock characteristics.

$258,837
$1,234

Housing Market Overview

Metric Greenville South Carolina Avg US Average
Median Home Price $258,837 $224,357 $242,182
Price Trend (Annual %) 6.9% 9.2% 8.2%
Median Gross Rent $1,234 $1,126 $1,342
Rent Trend (Annual %) 6.0% 4.8% 5.1%
Household Income Trend (Annual %)

Housing Cost & Rent Trends

Median Home Price Over Time
Greenville
South Carolina
United States
Year Greenville South Carolina United States
Median Rent Over Time
Greenville
South Carolina
United States
Year Greenville South Carolina United States

Affordability

On average, housing unit costs 3.7 yearly household incomes in Greenville.

Metric Greenville South Carolina Avg US Average
Median Home Price $258,837 $224,357 $242,182
Median Household Income $70,282 $66,957 $78,145
Price-to-Income Ratio 3.7 3.4 3.1
Home Prices vs Income Over Time
Home Prices
Household Income
Income Growth vs Housing Cost Growth (Year-over-Year %)

Compare income and housing cost trends.

Household Income Growth %
Housing Cost Growth %
Year Income Growth % Housing Cost Growth % Gap (Cost - Income)

Occupancy & Tenure

Metric Greenville South Carolina Avg US Average
Homeownership Rate 42.3% 61.6% 58.2%
Rental Rate 49.1% 24.6% 31.3%
Vacancy Rate 8.7% 13.8% 10.6%
Median Tenure (years) 10.0 15.0 15.0
Median Year Moved In 2016 2011 2011

Housing Stock

Metric Greenville South Carolina Avg US Average
Average Household Size 2.02 people 2.45 people 2.54 people
Median Structure Built Year 1982 1989 1978
Median Number of Rooms 5.0 5.7 5.5