Published October 11, 2026 in Market Update

Downtown Greenville had more listings, but supply barely changed

By Lauren Ritchison | Compass Real Estate

Real estate, Downtown Greenville

More homes hit the market downtown this summer. That part is true. But the Real Estate Data Aggregator counted 4.5 months of supply in ZIP 29601 for the three months ending August 31, 2026, down just 0.1 months from a year before. More listings came in, and more buyers showed up to absorb them. Neither side got a big edge.

The Real Estate Data Aggregator shows those 76 new listings were up 20.6% from the same stretch in 2025. That sounds like a flood. It wasn't. Supply barely moved because sales kept pace. The Real Estate Data Aggregator counted 59 homes sold, up 15.7% year over year. Buyers were active.

Prices held, and homes sold a little faster

The Real Estate Data Aggregator put the median sale price at $649,110, up 1.8% from the same three months in 2025. That is a modest gain. Prices did not spike, but they did not slip either. Homes also moved nine days faster than a year ago, with a median of 71 days on market.

The average sale-to-list ratio was 97.3%, up 0.8 points from 2025. Most buyers paid close to asking, but not over it. Only 6.8% of homes sold above list, up just 0.9 points. That tells you pricing still matters. Pad the price too much and it sits.

The two-week window got a little harder to hit

The Real Estate Data Aggregator shows 28.3% of downtown homes went under contract within two weeks of listing. That is down 3.4 points from 2025. Nearly 3 in 10 homes still moved fast, which is real. But fewer homes snapped up quickly than last year. Prep and price are doing more of the work now.

Rates are adding pressure nationally

CNBC reported the average contract rate on a 30-year fixed mortgage climbed to 7.49% as of October 7, 2026. Realtor.com noted rates crossed 7% for the first time since January 2025, and that 20.8% of listings nationally took a price cut in September, the highest share since October 2022. Downtown Greenville's median price still nudged up, but buyers nationwide are feeling the squeeze.

The Federal Housing Finance Agency reported U.S. home prices rose 2.6% from July 2025 to July 2026, and 0.3% from June to July on a seasonally adjusted basis. Downtown Greenville's 1.8% price gain tracks close to that national pace.

What this means if you are buying or selling downtown

Buyers have more to look at than they did a year ago. That is real. But 4.5 months of supply is not a buyer's market either. Six months is the line most people use. You have choices, but well-priced homes still move.

Sellers, the data shows 71 days is the middle of the road right now. Some homes went much faster. Some sat. The difference usually comes down to the first price, not the second one. The 97.3% sale-to-list ratio means buyers are not paying for overpricing.