Business Name: Greenwood Realty

Address: 225 Bypass 72 NW, Greenwood, SC 29649 Phone: 864-344-1728 Website: realestategreenwoodsc.com Broker-in-Charge: Renee Simchon

Greenwood Realty is a well-established real estate company located in the heart of Greenwood, South Carolina. With a reputation for professionalism, integrity, and a deep knowledge of the local market, Greenwood Realty provides a wide range of services designed to cater to both residential and commercial clients. Whether you’re looking to buy your first home, relocate, or invest in a commercial property, Greenwood Realty is equipped with the expertise and resources to help you navigate the complexities of the real estate market in the Greenwood area.

Services Offered by Greenwood Realty

Greenwood Realty specializes in various aspects of real estate services, providing comprehensive solutions tailored to meet the needs of different clients. Their services include:

• Residential Real Estate: Helping individuals and families find their dream homes in Greenwood and surrounding areas. Whether you’re looking for a cozy single-family home, a spacious multi-bedroom house, or something in between, Greenwood Realty’s team is ready to assist in every step of the home-buying process.
• Commercial Real Estate: Offering guidance and services for those interested in purchasing, selling, or leasing commercial properties. Whether it’s office space, retail locations, or industrial properties, the agents at Greenwood Realty possess the market knowledge and expertise to help businesses find the ideal property for their needs.
• Investment Real Estate: For investors looking to acquire properties that offer good returns, Greenwood Realty provides insight into the local investment market. The team specializes in finding investment opportunities that align with clients’ long-term financial goals.
• Financing Options and Tax-Deferred Exchanges: Greenwood Realty assists clients with understanding the various financing options available for homebuyers and investors. They also specialize in 1031 Exchange transactions, offering tax-deferred exchange services for real estate investors who are looking to reinvest in like-kind properties.
• Expertise in Relocation and Luxury Properties: Whether you’re relocating to Greenwood or searching for a luxury property, Greenwood Realty offers specialized services tailored to high-end buyers and those moving to the area.
• Lakefront Properties: Given the prominence of Lake Greenwood in the region, Greenwood Realty also specializes in lakefront properties, providing prospective buyers with the opportunity to own a slice of paradise near the water.

Broker-in-Charge: Renee Simchon

As the Broker-in-Charge, Renee Simchon brings years of experience and dedication to her clients. Known for her integrity and in-depth knowledge of the Greenwood market, Renee ensures that every client receives the highest level of service. Under her leadership, Greenwood Realty has built a reputation for providing professional, responsive, and personalized real estate services.

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Greenwood, SC Real Estate Market Trends (2025)

The real estate market in Greenwood, SC, in 2025 is experiencing some shifts, with subtle changes in pricing and demand. Understanding these market trends can be crucial for both buyers and sellers.

Key Market Indicators:

• Median Listing Price: \$269,900 (February 2025), which represents a 3.6% decrease year-over-year. This slight dip may indicate a buyer’s market, with some flexibility on price.
• Median Sold Price: \$234,500. The gap between listing and sold prices suggests that buyers may be negotiating lower than the asking price, as the market adjusts to the changing dynamics.
• Average Days on Market: 89 days, up from 62 days the previous year. This increase indicates that properties are taking longer to sell, which could reflect a more cautious approach from buyers or an oversupply of homes on the market.
• Homes Sold: In February 2025, only 12 homes were sold, down from 17 homes sold in February 2024. This decline in sales could be indicative of a cooling market or fewer listings available to meet demand.

These indicators reflect a market that may be experiencing a shift toward equilibrium. While prices are not drastically declining, the longer time spent on the market and fewer homes being sold suggests that buyers have more negotiating power.

The real estate market in Greenwood still offers opportunities for investment, with more attractive prices and a slower sales cycle allowing buyers to be more deliberate in their decisions. Sellers, on the other hand, may need to be more patient and adjust their expectations to accommodate these changing market conditions.

Factors Influencing the Market

Several factors influence the real estate market in Greenwood. These include interest rates, economic conditions, and local development. In 2025, with interest rates remaining relatively stable, potential buyers have the opportunity to secure financing, although high-interest rates in the past have created some hesitation in the market. Additionally, as the city and surrounding areas grow, development projects may introduce new amenities and infrastructure, boosting demand for certain types of properties.

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Historic Homes in Greenwood

Greenwood is a charming city that features a variety of historic homes, which are highly sought after by collectors, history enthusiasts, and those who appreciate classic architectural styles. The rich history of the city is reflected in these homes, many of which have been carefully preserved or restored to maintain their historic integrity.

Notable Historic Properties in Greenwood:

1. 1899 Queen Anne Home on Reynolds Ave: Listed at \$425,000, this home represents the elegance and distinctive style of the Queen Anne period. Known for its ornate details and asymmetrical design, Queen Anne homes are among the most sought-after historic properties in Greenwood.
2. 1900 Victorian Home: This stately 4-bedroom, 2.5-bathroom home offers 3,400 sq ft of living space and is listed for \$349,900. Victorian homes are popular for their intricate detailing, expansive porches, and rich, warm interiors. This particular home offers a perfect blend of historical charm and modern amenities.

Historic Property Prices in South Carolina

While Greenwood’s historic homes are reasonably priced compared to larger cities, the average listing price for historic homes in South Carolina as a whole is approximately \$1.46 million. However, properties like the ones found in Greenwood offer a more affordable opportunity for those who wish to own a piece of history without paying a premium for properties in major metropolitan areas.

For those interested in historic real estate, Greenwood provides an accessible market with a variety of architectural styles, from Colonial Revival to Victorian, offering potential buyers a diverse selection of historic properties.

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Greenwood Realty’s Market Reach

Greenwood Realty serves a wide array of areas surrounding the city, ensuring that its clients can find properties in both urban and rural locations. The company specializes in a range of property types, including residential homes, commercial buildings, and investment properties, allowing them to cater to a variety of buyers and sellers.

Service Areas:

Greenwood Realty’s service area spans across multiple counties and communities in South Carolina. Some of the areas covered by Greenwood Realty include:

• Abbeville
• Bradley
• Calhoun Falls
• Callison
• Chappells
• Clinton
• Cross Hill
• Donalds
• Due West
• Greenwood
• Hodges
• Lake Greenwood
• McCormick
• Ninety Six
• Mount Carmel
• Promised Land
• Troy
• Ware Shoals
• Waterloo

Whether you’re searching for a home in the city, a retreat on Lake Greenwood, or a piece of land in a more rural area, Greenwood Realty has the local expertise to guide you in the right direction. Their in-depth knowledge of these diverse areas allows them to offer personalized recommendations based on your preferences, whether it’s proximity to schools, recreational activities, or commercial centers.

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Key Takeaways for Buyers and Sellers

The Greenwood, SC real estate market offers a variety of opportunities, from historic homes to lakefront properties, catering to a broad range of buyers and investors. The current market is slightly shifting, with decreases in median listing prices and an increase in the average number of days properties spend on the market.

For Buyers:

• Diverse Property Options: Greenwood offers a wide selection of homes, including historic properties, modern homes, and investment opportunities. With a decrease in listing prices, buyers may find great deals in the current market.
• Lakefront Properties: Given the area’s proximity to Lake Greenwood, there are opportunities for buyers to secure a property with a scenic waterfront view, ideal for those seeking a peaceful lifestyle.
• Investment Potential: With a slower sales cycle and relatively affordable prices compared to other parts of South Carolina, Greenwood provides opportunities for investors to acquire properties that could yield solid returns.

For Sellers:

• Market Adjustments: Sellers may need to adjust expectations as the market slows and homes take longer to sell. Pricing homes competitively, staging properties, and working with a knowledgeable real estate agent will be key to achieving the best possible outcome in the current market.
• Patience is Key: With the increase in days on market, it may take longer to find a buyer. However, working with Greenwood Realty ensures that sellers will have the support and guidance they need to navigate these changes successfully.

Conclusion

Greenwood Realty’s expertise and comprehensive services make it an invaluable resource for those looking to buy or sell in the Greenwood, SC area. With a deep understanding of the local market and a wide array of properties available, Greenwood Realty is well-positioned to help clients achieve their real estate goals. Whether you’re a first-time homebuyer, a seasoned investor, or looking to relocate, Greenwood Realty offers the knowledge, professionalism, and support to guide you through the process.