• ItemNo. As of early 2026, the Greenville real estate market is in a "Great Housing Reset," characterized by price stabilization and healthy inventory growth. With a 3.7-month supply of homes and a median sale price of approximately $350,285, the market is supported by genuine regional job growth rather than speculation. description

  • Spartanburg is approximately 4.7% less expensive than Greenville. While Greenville offers higher walkability and more lifestyle amenities, Spartanburg provides 0.9% higher average salaries and lower housing costs, resulting in roughly $3,300 more in annual disposable income for the average resident.

  • South Carolina remains a top choice for tax-conscious buyers. Primary residences are taxed at a 4% assessment rate, significantly lower than the 6% rate for secondary homes. Additionally, 2026 legislative updates provide significant exemptions for primary residences of individuals over 65 or disabled veterans.

  • Five Forks remains the gold standard for families due to its A-rated schools and master-planned communities. Other top choices include Simpsonville for its small-town charm, Greer for its proximity to BMW and GSP Airport, and Taylors for established neighborhoods with mature landscapes and mid-range pricing.

  • Top retirement destinations in 2026 include Wade Hampton for its convenience and safety, and Five Forks for its quiet suburban feel. Specialized 55+ communities like Swansgate and the new Del Webb Greenville offer gated security and active lifestyle amenities with home prices averaging around $320,000.Item description

  • Travelers Rest (TR) is the premier gateway to the Prisma Health Swamp Rabbit Trail. The 23-mile paved path connects TR directly to downtown Greenville, making it a "short-term rental powerhouse" and a top choice for buyers prioritizing outdoor recreation and biking.

  • The Village of West Greenville is currently the high-growth "creative heart" of the city. Investors are seeing strong returns on historic mill renovations and trendy lofts. For those seeking stability, the Augusta Road (05) corridor maintains premium value even during national market fluctuations.

  • For first-time buyers using FHA or local lending, Taylors and Greer offer the best value, with median prices ranging from $300,000 to $450,000. These areas provide the best balance of affordability and commute times to major employment hubs in Greenville and Spartanburg.

  • As of January 2026, the Upstate SC market holds a 3.7-month supply of inventory. While this is an 8.9% increase year-over-year, it remains below the 6-month threshold for a traditional "Buyer's Market," keeping the region in a balanced state that favors neither buyers nor sellers excessively.

  • Mortgage rates in Greenville have stabilized in the low 6% range (averaging ~6.3%). For the first time since 2020, typical monthly payments are expected to fall by approximately 1.3% as rate stability offsets modest home price appreciation in the local area.

The process of looking for a home in your golden years could be a bit different from when you were looking for a home to build a family in. Now, you can focus on what will make YOU happy. Your children have found homes of their own, and you're now free to choose a new home to create new memories in.

For retirees and senior citizens, location is no longer just about finding a nice house in a pretty neighborhood. It is more about being closer to your family, being just a stone's throw away from important amenities, and finding a peaceful place where you can comfortably relax. It’s a personal choice that will depend on your lifestyle and what you want to prioritize the most as you age.

Here a list of things to keep in mind when looking for the perfect retirement home for you:

The house itself

The following items on this list focus on location -- but before we discuss those, it’s important to keep the obvious one out of the way. When buying a house to retire in, you should start with the basic questions about what type of house you’re looking for. Most retirees choose to downsize, but this entails the same questions: How many rooms? Bathrooms? One-storey or two-storey?

Remember that you’re buying a house that can serve you well as you age. This means that living in it must be convenient for you as you enter your golden years. With this in mind, choose a home with very minimal upkeep, and one that wouldn’t require you to climb up and down the stairs every time you need something from your room. Find an adequately-sized property that will make it easy for you to get from one part of the house to the other--but make sure that it’s still spacious enough for you to move around comfortably.

Proximity to family

To most retirees and empty nesters, family is still what matters most when choosing the location of a retirement home. If you want to be closer to your children and grandkids, choose a location where they can easily visit you, or one that is near the airport and other public transportation options so that it’ll be easy for you to visit them. Being able to spend time with family during the holidays becomes increasingly important as you age, and you wouldn’t want to miss any opportunity to see them more often.

However, pre-retirees must also think long and hard whether moving to a different city, or even to a different state, is really necessary. There is nothing wrong with looking for a new house within your hometown, especially if it allows you to stay close to friends and family, and near the places you most enjoy spending your time.

Weather and climate

If you’ve made your decision to retire in a place that is relatively far from your current residence, do consider whether you can easily adapt to certain lifestyle changes the move might entail.

A drastic change in weather and climate may take a toll on your health, so make sure that you’re moving to an area with a temperature you can enjoy and not just tolerate. Decide whether warmer areas suit you better than cooler ones, or if you’d rather find a house where the breeze is always cool.

Accessibility of important amenities

Making sure that you won’t have a hard time going to places you need to go to is the most important part of finding the right location for your retirement home.

Identify all the important facilities that you will need to visit on a regular basis, and make sure that these places wouldn’t take more than a 20-minute drive. If you take frequent trips to the doctor for check-ups and other medical appointments, ensure that the house you’re buying is near a hospital or clinic. If you like eating out at healthy places, find a house that is near organic or vegetarian restaurants.

Community

One can only truly enjoy a place if the existing community is a good match. To find a place you can truly enjoy, you’ll need to live amongst people you can see yourself interacting with. Check if there are recreational activities you can join nearby and meet like-minded individuals, or see if the Home Owners’ Association (HOA) conducts gatherings or recreational activities you may be interested in. If you’re looking to join exercise classes or educational courses for retirees, you can ask your agent to point you towards the direction of the perfect community where this is possible.