32 / 100

Greenwood County, SC

RANK #667 / 996 NAT  ·  #14 / 24 SC  ·  POP 69,309

1YR FORECAST: +0.3%

5YR OUTLOOK: +20%

Our model projects Greenwood County's housing market at +0.3% over the next year, underperforming most U.S. counties.

[01] Why Greenwood County?

Greenwood County, South Carolina, is often recognized for its historical significance, particularly the Ninety Six National Historic Site, which was the location of two Revolutionary War battles. Situated in the Upstate region, Greenwood County is about an hour's drive from larger cities like Greenville and Columbia, making commutes to these urban centers feasible. The community offers a blend of small-town atmosphere and access to natural beauty, including the 11,000-acre Lake Greenwood, which provides opportunities for boating, fishing, and camping. The county also features various parks and trails for outdoor recreation.

Life in Greenwood County is characterized by a lower cost of living compared to national and state averages, which can appeal to families and individuals seeking affordability. The county's economy has a notable manufacturing presence, with approximately 26% of the local workforce employed in this sector. Educational institutions like Lander University and Piedmont Technical College contribute to a skilled workforce and provide local higher education opportunities. Recent economic developments include investments in commercial and residential projects, as well as growth in the energy, manufacturing, and life sciences sectors.

[02] Market Snapshot

Housing Ratio
2.7x

Undervalued relative to economy

GDP Growth
+3.0%

Above national median

Home Prices
-2.6%

Prices declining

Climate & Terrain
-0.1

Below-average climate & terrain

Price/Rent
11x

Strong rental yield

Housing looks undervalued at 2.7x — home prices are low relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Self Regional Healthcare Healthcare
    1,000+
  2. 2
    Eaton Corporation Manufacturing
  3. 3
    Carolina Pride Foods Manufacturing
    500+
  4. 4
    Lonza Manufacturing
  5. 5
    Lander University Education
  6. 6
    Piedmont Technical College Education
  7. 7
    Cardinal Health Healthcare
  8. 8
    VELUX, Inc. Manufacturing
    250+
  9. 9
    Greenwood Mills Inc. Manufacturing
  10. 10
    Colgate-Palmolive Manufacturing

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Greenwood County U.S. National

The Numbers

DEMOGRAPHICS
Population
69,309
-0.04% YoY
Median Household Income
$47,553
Median Home Value
$144,000
-2.63% 12mo
Median Rent
$849
Average Annual Pay
$53,318
+4.9% YoY
Employment
27,679
+0.3% YoY
Income-to-Home-Value
0.3302
More affordable than average
Migration Inflow
3.21%
of pop. from another state
Bachelor's Degree+
24.2%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$255,945
Days on Market
113
Slower market
Months of Supply
7.2
Buyer's market
Sale-to-List Ratio
98.2%
Near asking price
Sold Above List
7.9%
Listings w/ Price Drops
18.3%
Building Permits (2024)
193
Single-Family Permits
193

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Crime & Safety

D
SAFETY
GRADE
Homicide Rate
8.9
per 100K · nat avg 6.3
Firearm Fatalities
20.2
per 100K · nat avg 14.8
Injury Deaths
119.9
per 100K · nat avg 76.3
vs National Average
Above national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Capital Investment

$672M
TOTAL
PROJECT AMOUNT STATUS
Old 8 Golf Course Community
Undisclosed Developer
$400M Proposed
ES Foundry Solar Cell Manufacturing Facility
ES Foundry
$150M Operating
Bradley PV1 Solar Electric Power Plant
Ecoplexus
$97M Completed
Pine Gate Renewables Community Solar Portfolio (13 projects)
Pine Gate Renewables
$26M Under Construction

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[07] Score Breakdown

GDP Growth +3.0% 57 percentile
Population Growth -0.0% 28 percentile
Income Growth +6.8% 16 percentile
Vacancy Rate 1.2% 38 percentile
Home Price Change -2.6% 11 percentile
Rent Growth +5.9% 86 percentile
Price/Rent 11x 76 percentile

Bars show percentile rank among all 996 counties.

[08] Frequently Asked Questions

Is Greenwood County, SC a good place to move to?

At 32/100, Greenwood County faces headwinds that place it in the lower third of the 996 counties we track. Median income of $47,553 combined with job growth of +0.3% suggests the local economy is struggling to keep pace with national trends.

Is Greenwood County affordable?

Housing in Greenwood County is roughly in line with national affordability norms. The median home costs $144,000 and the income-to-home-value ratio sits at 0.33, with rents averaging $849/month. Not a bargain, but not a stretch for most local earners either.

Is Greenwood County growing or shrinking?

Population and employment in Greenwood County are both close to flat — population -0.0% YoY and jobs +0.3%. Home values shifted -2.6% over the past 12 months. A steady-state county, neither expanding quickly nor shrinking.

Are people moving to Greenwood County?

There's a moderate stream of newcomers. About 3.21% of residents moved from another state, which is above average and suggests Greenwood County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[09] Similar Counties by Size & Score

Lexington County, SC 31 Georgetown County, SC 30 Dorchester County, SC 26 Richland County, SC 40 Charleston County, SC 24 Anderson County, SC 41 Franklin County, MA 33 Walla Walla County, WA 31