The National Association of Realtors (NAR) has released its “10 Top Housing Spots for 2025” report, and South Carolina’s Greenville-Anderson metro area has secured a coveted spot on this prestigious list.
According to the report, which analyzes economic, demographic, and housing factors predicted to impact local markets significantly, the South region leads the rankings with four of the top 10 hot spots, followed by the Midwest with three.
“Important factors common among the top-performing markets in 2025 include available inventory at affordable price points, a better chance of unlocking low mortgage rates, higher income growth for young adults, and net migration into specific metro areas,” said Lawrence Yun, chief economist and senior vice president of research for the NAR.
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Why Greenville-Anderson Stands Out
The Greenville-Anderson metro area particularly impressed analysts by checking off more criteria than other markets on the list.
“This area particularly benefits from a strong net migration rate and affordability,” the report states. “With 42% of homes categorized as starter homes and 43% of movers purchasing homes, Greenville offers accessibility and stability for families and young professionals alike.”
Another advantage for homebuyers in this market is that the metro area offers an average mortgage rate below the national average.
Important Steps to Rent Your Home Out from A to Z
Step by step checklist for getting a home rented, and link to the full property management guide
1 Consider strengths and weaknesses for your home and location and consider special strategies to utilize them. Is it a college area? If so, you’ll likely handle a lot differently from low income, or a suburb.
2 Get the property in show-ready condition by handling repairs, but also low-cost aesthetic fixes like spray painting rusted AC grates, and other things that really stand out. A sure way to attract sub-par tenants and repel the rest is to show a home with unrepaired issues.
3 Decide whether you’re going to allow pets or not. Before you decide, know that for most landlords it’s the single best thing you can do to increase your “bottom line” profit over the long term. More on this subject here
4 Set a rental rate that will balance a minor amount of time on market hassle, with monthly rate. Whether in the form of owner-occupied showings, stress, or vacancy. Most owners fail to properly account for these subtle but real costs, especially vacancy. Vacant homes are much more costly than most account for. We can provide a free rental rate estimate compiled by people, not an algorithm, here
A Thriving Community
The Greenville area has been booming for years and has frequently appeared on numerous “best of” lists due to its exceptional quality of life. The city features a vibrant, walkable downtown centered around Falls Park on the Reedy, described in Travel+Leisure as a “centerpiece park features a waterfall, gardens, public art, and Liberty Bridge, a pedestrian-friendly suspension bridge.”
Residents enjoy access to 37 parks throughout Greenville, which provide walking and biking trails, disc golf, tennis, and other recreational amenities. Two major healthcare systems with multiple locations serve the area.
To read more from this article, visit This South Carolina housing market set to boom in 2025 | The State.
