GREENVILLE, S.C. — The supply of homes for sale in the Greater Greenville market kept building in September, with inventory reaching 6,639 listings, up 9.2% from a year earlier, while closed sales dipped 2.2% to 1,547, according to the monthly market report for the Greater Greenville Association of Realtors. The report, produced by ShowingTime Plus using MLS data provided by South Carolina Realtors, reflects figures current as of Oct. 10.
The growing stockpile is coming from slower buying rather than a surge of new sellers. New listings were essentially flat at 2,333, down 0.6% from September 2025, but pending sales — contracts signed but not yet closed — fell 4.1% to 1,396. As a result, months of supply rose 7.3% to 4.4 months, and the typical home spent 59 days on the market, up 9.3% from a year ago, the report shows.
Prices have held up despite the cooling pace. The median sales price rose 1.5% to $324,900, though the average sales price slipped 2.2% to $413,880, suggesting fewer high-end closings in the month. Sellers received about 98% of their list price on average. The report’s housing affordability index, however, dropped 11.7% to 91, a sign that buying a home in the market has become harder to afford compared with a year earlier.
Year-to-date figures show a market that is busier but slower-moving than in 2025. Through September, closed sales totaled 14,029, up 3.6%, and new listings climbed 6.1% to 22,988. The year-to-date median price was $320,125, virtually unchanged from $320,000 a year earlier, while average days on market rose to 58 from 51, according to the report.
Financing costs are a key headwind. The report notes that the Federal Reserve raised its benchmark rate by a quarter point on Sept. 16 and, citing Freddie Mac, that the average 30-year fixed mortgage rate moved above 7% in late September after averaging 6.67% in August. Nationally, existing-home sales fell to a seasonally adjusted annual rate of 3.98 million, the first reading below 4 million since June 2025, and national supply reached 4.9 months, the highest in more than a decade, the report said, citing the National Association of Realtors.
For buyers, rising inventory and longer marketing times point to more choice and more room to negotiate, even if higher rates offset some of that advantage. Sellers face a more competitive field and may need sharper pricing as listings linger. For homebuilders, developers and investors, the combination of flat new listings, softer contract activity and a falling affordability index is a signal to watch absorption closely before adding new for-sale supply, though steady year-to-date sales growth shows underlying demand in the Greenville area remains intact.
Sources: Greater Greenville Association of Realtors / ShowingTime Plus September 2026 Market Report
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