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Zip Code 29650

Greer, SC • Greenville County

Real Estate Market Analysis

Q3 2025 Report
$330,000 (Greenville median, 2025)
Median Home Value
~32,000 (2025 est.)
Population
$82,000 (estimated for 29650)
Median Income
A- (Niche, 2025)
School District Rating

Market Statistics

Property Values

$330,000 (Greenville median, 2025)
Median Home Value
$1,650/month (estimated, 2025)
Median Rent
$185 (estimated, 2025)
Price per Sq Ft

Market Performance

Home Appreciation1.3% YoY (median); 5.5% YoY (average price)
Market VelocityInventory up 12.6% MoM (May 2025); closed sales up 9.4% YTD
Foreclosure RateLow; no significant spike reported

Area Information

Area SizeApprox. 20 sq mi
CountyGreenville
Primary CityGreer

Housing Profile

Housing Statistics

Total Housing UnitsApprox. 8,500 (estimated for 29650)
Owner Occupied~65%
Rental Properties~35%
Vacant Units4-5% (estimated)
New ConstructionActive, but below county targets for affordable housing; luxury and mid-market homes prevalent

Housing Types

Single-family detachedTownhomesApartmentsCondos

Demographics

~32,000 (2025 est.)
Population
38
Median Age
$82,000 (estimated for 29650)
Median Income
Strong; unemployment rate low, consistent with Greenville County
Employment Rate
High; 40%+ bachelor's degree or higher
Education Levels
Mix of families, professionals, and retirees; average household size 2.6
Family Composition

Education Quality

School District Performance

A- (Niche, 2025)
District Rating
School DistrictGreenville County School District
Test ScoresAbove state average; strong STEM and AP participation
Graduation Rates92%+

Schools in Area

  • Riverside High School
  • Riverside Middle School
  • Buena Vista Elementary
  • Brushy Creek Elementary

Economic Factors

Employment & Business

Job GrowthSteady; tech, healthcare, and manufacturing expanding
Unemployment Rate~3.2% (2025 est.)
Business EnvironmentPro-business, low taxes, strong industrial base
Commercial ActivityActive retail, logistics, and light industrial corridors

Major Employers

  • BMW Manufacturing
  • Greenville Health System
  • Michelin North America
  • GE Energy
  • Local tech and logistics firms

Infrastructure & Quality of Life

Infrastructure

Transportation Access

  • • I-85 corridor
  • • GSP International Airport (10 min)
  • • Greenville public transit

Utilities & Services

  • • Duke Energy
  • • Greenville Water
  • • Piedmont Natural Gas

Quality of Life

Safety & Environment

Low to moderate; lower than Greenville city average

Good air and water quality; green spaces well maintained

Healthcare Access

  • • Prisma Health Greer Memorial
  • • Bon Secours St. Francis
  • • Multiple urgent care clinics

Development Trends

Planned Developments

  • New subdivisions east of Hwy 14
  • Mixed-use retail/residential near Pelham Rd

Infrastructure Projects

  • • Road widening on Brushy Creek Rd
  • • Sidewalk expansions

Investment Outlook

Growth Outlook

Positive; steady population and job growth expected

Investment Opportunities

  • • Build-to-rent
  • • Luxury home flips
  • • Small multifamily development

Marketing Intelligence

Target Demographics

  • Young families
  • Dual-income professionals
  • Relocators from out-of-state
  • Move-up buyers

Competitive Advantages

  • Top-rated schools
  • Proximity to major employers and airport
  • Modern housing stock

Pricing Strategies

Competitive pricing with value-add incentives (closing costs, upgrades)

Common Objections & Response Strategies

Objection: Higher home prices than some nearby zip codes

Response Strategy:

Emphasize school quality, amenities, and long-term appreciation potential

Objection: Limited affordable housing options

Response Strategy:

Showcase new developments and down payment assistance programs

Objection: Concerns about traffic near I-85

Response Strategy:

Highlight recent road improvements and alternative commuting routes

Professional Recommendations

1

Focus on school quality and commute times in marketing

2

Network with local employers for relocation leads

3

Stay updated on new construction and zoning changes

4

Educate buyers on local assistance programs

5

Highlight community amenities and parks

Competitive Analysis

Comparable Markets

  • 29651 (Greer west)
  • 29615 (Greenville east)
  • 29334 (Duncan)

Market Positioning

Family-friendly, high-amenity, commuter-accessible

Competitive Advantages

  • Better schools and amenities than 29651/29334
  • Closer to major employers than 29615

Price Comparison

Slightly higher than 29651/29334; competitive with 29615

Investment Metrics

5.2% (single-family rental, 2025 est.)
Cap Rates
6.1% gross yield (2025 est.)
Rental Yields
16-17
Price-to-Rent
Positive for well-located rentals; strong demand for quality units
Cash Flow
3-4% annualized through 2027
Appreciation

Buyer Journey Insights

First-Time Buyers

May face competition and higher prices; FHA/VA and down payment programs available

Move-Up Buyers

Strong selection of larger homes; equity gains from prior ownership

Downsizers

Townhomes and condos available, though limited inventory

Investors

Solid rental demand; best returns in mid-priced homes and small multifamily

Relocators

Attractive for corporate moves; relocation services and virtual tours in demand

This zip code analysis was generated using comprehensive market data and AI intelligence.

Market conditions change rapidly - consult with local real estate professionals for the most current information.

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Nearby Areas

29464 (SC)

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Adjacent location

$450,000

29483 (SC)

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Adjacent location

$350,000

Similar Markets

29483 (SC)

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Similar market (92% price match)

$350,000