Greenville, SC

Real estate in Greenville, SC is a hot commodity. The city has seen an influx of new residents and businesses in recent years, which has led to an increase in home prices and rental rates.

The average home price in Greenville was $269,900 as of September 2017, according to the Realtors Association of South Carolina. This is up from $225,000 just five years ago. The median rent for a one-bedroom apartment was $1,100 per month as of September 2017. This is also up from $950 per month just five years ago.

There are many reasons why real estate prices have increased in Greenville over the past few years. First and foremost, the city has seen an influx of new residents and businesses. Second, the city has been designated as a "Smart City" by the government of South Carolina which has led to investments in infrastructure and technology that have created jobs and increased economic growth. Finally, there is strong demand for housing due to the growing population and economy in Greenville.

Despite these positive factors, there are some challenges facing real estate investors and homeowners in Greenville right now. One issue is that the city's population growth has outpaced its ability to build new homes or add extra apartments to its stock market – meaning that there are currently more people looking for housing than available units. This problem will likely get worse before it gets better as the population continues to grow rapidly – meaning that prices will continue to rise until there are more homes available on the market or people start moving out of town because they can't find affordable housing elsewhere."