What’s Happening in the Upstate Real Estate Market This October

🏘️ Market Overview: Cooler Pace, But Still a Seller’s Tailwind

As we head deeper into fall, the Upstate South Carolina real estate market is settling into a more balanced — but still active — rhythm. While the rapid, double-digit appreciation of recent years is giving way to more modest growth, demand remains solid, inventory is gradually easing, and savvy buyers and sellers both can find opportunities.

Here’s what’s shaping things this October:

Key Trends to Watch

1. Slower, steadier price increases
Home values in the Upstate continue to rise, though at a gentler clip. The days of aggressive year-over-year jumps are behind us. Missy Rick+2Houzeo+2 In Greenville, for example, the median sales price has nudged upward, settling around $331,644 in recent reports. Greater Greenville Area Homes
Some forecasts even suggest modest declines in certain areas — Zillow has projected a ~1.9% dip for South Carolina overall. Greenville Online

2. Inventory is rising — slowly but surely
One of the biggest shifts this year has been an increase in homes for sale. In South Carolina broadly, available homes are up ~11.4% year-over-year (as of August) to around 37,965 listings. Redfin In Greenville, active listings jumped ~45.4% compared to last year. Greater Greenville Area Homes
This doesn’t mean a glut of inventory, but it does signal more breathing room than we've seen recently.

3. Longer days on market, greater buyer flexibility
With more options and less pressure, buyers are taking time. Homes are staying on the market longer than in the frenzied years past. Griffin Real Estate+2GreenvilleRealEstateHub.com+2 Sellers need to make sure their pricing, staging, and marketing are sharper than ever.

4. Interest rates remain a pivot point
Rates have been one of the key limiting factors in buyer activity. Many forecasts suggest rates may stabilize in the ~6% range through 2025. Greenville Business Magazine+2The Downing Group+2 That could remove a bit of the uncertainty and bring marginal buyers back into the fold.

5. Upstate remains a hotspot for migration and growth
Population inflows are still supporting housing demand. The Greenville-Anderson region was singled out as a top-10 housing hot spot for 2025, thanks to its affordability, economic strength, and increasing popularity. AceableAgent+2Greenville Business Magazine+2 As more folks seek space outside major metros, the Upstate continues to be an appealing destination.

What This Means for Buyers & Sellers

For Buyers:

Improved options: more listings give you leverage and choices.
Less competition: fewer bidding wars — especially on homes priced realistically.
Still be smart: get pre-approved, know your market, and strike when the right property shows up.

For Sellers:

Pricing and presentation matter more than ever. Overpricing will get you stuck.
Expect more negotiation: buyers will make offers closer to fair market.
Marketing remains crucial — great photos, detailed descriptions, and targeted exposure will help your listing stand out.

Local Highlights & Micro-Trends

Anderson County saw its median home price hit ~$325,000 in mid-2025 — a healthy year-over-year increase of 9–12%. Lake Life Realty
In Greenville, new listings have risen ~22.7%, while median price climbed ~2.0%. Greater Greenville Area Homes
The broader South Carolina market is still contending with tight supply: while inventory is growing, we’re not yet near a buyer-driven market. Redfin+2Houzeo+2

What to Watch in the Coming Months

Interest rate movement — a drop could reenergize buyer demand.
New construction and development — adding more supply could ease pressure.
Neighborhood-level disparity — some submarkets will see stronger growth or cooling than others.
Seasonal shifts — as holiday and winter months approach, activity typically slows.

Bottom Line

The Upstate market in October 2025 is in transition. The dramatic, rapid run-up is cooling, but it’s not “flat” either. Instead, we’re entering a more sustainable, balanced phase. For buyers, that means opportunity. For sellers, it means being more strategic than ever.

If you’d like a hyperlocal report (e.g. Simpsonville, Taylors, Greer), or want to build a Brivity dashboard from this data, I’d be happy to help — just say the word.

Meta Title: Upstate SC Real Estate Market Update — October 2025
Meta Description: A fresh look at the Upstate South Carolina housing market in October — price trends, inventory shifts, and what buyers and sellers can expect this fall.

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What’s Happening in the Upstate Real Estate Market This October