Our Local Real Estate Market Update

The 2025 Real Estate Market marked a transition away from the extreme seller’s market of prior years. Homes took longer to sell, showing less urgency and more negotiation power for buyers. Demand didn’t collapse; it just normalized.

Mortgage rates hovered around 6.5-7% for much of the year, creating affordability pressure.

First time buyers struggled, creating more negotiation, concessions and longer decision timelines. Buyers were still active despite the higher rates, just more cautious.

South Carolina continued to see major inbound migration driven by the lower cost of living, retirement appeal, and job growth.

New construction led the growth for South Carolina.

What we are expecting for 2026 is a better balance between buyers and sellers.

A slower pace, more “normal” real estate cycle. Recovery in affordability and a continued population demand.

Here is a look at the year over year stats: