• 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.

 

If you're the adventurous type who's always itching to get on a holiday weekend on your favorite beach, or you want to experience living in the countryside more often, chances are you have been thinking how nice it would be to have your own vacation home.

And although owning a vacation home is a decision that shouldn't be taken too lightly, it can also be profitable (and enjoyable) in the logistical and financial sense. In the 2017 NAR Investment and Vacation Home Buyer’s Survey, more than 80 percent of vacation buyers reported that now is a good time to purchase real estate. For some people, it is a matter of money and responsibility, and the process could be too intimidating. But for some, it might be a matter of experience and recreation, especially for those who are looking to have a retirement place in the future.

Here are our investment tips to help you with your decision:

 

Determine your intentions for the home

Ask yourself what you plan to do with the house. Aside from enjoying it over the holidays, would you like to rent it out during the off-peak season? You need to consider how you want to use and own your property for financing and tax issues. It's your choice if you want it to be your primary residence, your second home, or even have it as an investment property. According to NAR*, at least 42 percent of vacation home buyers plan to use their property for vacations or as a family retreat, while 18 percent plan to convert their vacation home into their primary residence in the future for retirement.

Meanwhile, 37 percent of investment property buyers purchased the home to generate income through renting the property. You can rent the home and even use it when it's not rented. Tax treatment is less beneficial if you'll use it as an investment, but the extra rental income can help you with the costs.

 

Greatly consider your vacation home's location

Even if you're lucky enough to have found your "magical place," you still need to take into consideration all the pros and cons in the area. It is best to visit the community many times over — both peak season and offseason — and check out other important factors such as the condition of roads in any time of the year, neighborhood safety, access to nearby shops and public transportation, and others. Spend more than a few weekends there and talk to the locals about any day-to-day hassles they may be encountering.

 

Calculate all the costs

The purchase price of your vacation home isn't the only thing that needs to be taken care of. You need to factor in all extra costs for running the house — from taxes, insurance, property maintenance, HOA fees, utilities, and all other costs associated with homeownership. You might also want to consider the travel costs to your vacation home. It is also advisable to plan for personal budget items that lenders don’t use in their qualifying calculations, such as furniture and housewares. You’ll also need a budget for special equipment needed for properties near the beach or resort.

 

Work with a real estate agent who knows the area

Your chosen country town may look great; picturesque even. But you might want to consider the state of roads leading into the area during winter. You will also need advice on local zoning and property rental rules. A local real estate agent who knows the area by heart can help you clarify any issues associated with buying in your chosen location. The agent can also help you envision your dream vacation home in any season, and is a great resource for any information related to the community.

 

Know the area's proximity and have a plan for emergencies

They say the best vacation homes are easy to get to and have alternate routes to avoid traffic. It is also smart to choose a house that is within driving distance from your primary residence so you'll be able to check on it more often for any necessary repairs and maintenance issues.


*2017 NAR Investment and Vacation Home Buyer’s Survey