Greenville FHA Loan Rates, Closing Costs & Stats
GREENVILLE-ANDERSON, SC
FHA loans are mortgages created in the 1930's to help insulate lenders from credit risks and help promote home ownership. The Federal Housing Administration (hence, FHA) allows for lower downpayments and credit scores-- making these loans much more accessible than traditional mortgages.
FHA loans typically need just a 3.5% downpayment with credit scores of 580 or better. For credit scores between 500-579, the downpayment needs to be at least 10%.
While FHA loans make home ownership much more accessible to first-time homebuyers, they do require PMI (purchase money insurance)-- an additional insurance premium that is paid to the FHA to help cover defaults.
For additional requirements as defined by the FHA, click here.
Greenville's 191 lenders originated 3,632 FHA loans during 2024. The total origination value was $937,630,000, with an average FHA loan value of $258,158.
Greenville FHA Loans, 30 Year Fixed Rates
30 Year FHA mortgages in Greenville
averaged
6.12%
for the week of 2025-04-04, compared to the national average (all FHA variants) of
6.259% for the same period.
Greenville's average FHA mortgage closing costs are $8,186.
The average rate for the prior week (2025-03-28) was
6.62% and
one month ago for the week of 2025-02-28, the
average rate was 6.5%.
The average rate one year ago was 6.62%.
For refis of the same type during the week of 2025-04-04, the average rate
was 6.28%.
Greenville FHA Loan Lenders by Rates & Fees
The below table looks at the average fees/closing costs and rates for FHA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Greenville level.
The top Greenville FHA lender as defined by loan originations is QUICKEN LOANS, LLC, with
304 FHA loans originated. Their average total fees are
$11,338, which is $3,109
higher than the next largest lender,
DHI MORTGAGE COMPANY, LTD..
The lowest fee Greenville FHA lenders (with over 10 loans originated) are
SOUTHPOINT FINANCIAL SERVICES, INC. ($7,248), INSPIRE HOME LOANS INC. ($7,863), DHI MORTGAGE COMPANY, LTD. ($8,230), LAKEVIEW LOAN SERVICING, LLC ($8,481) and Lakeview Community Capital, LLC ($8,735).
The lowest rate Greenville FHA lenders (with over 10 loans originated) are
INSPIRE HOME LOANS INC. (5.22%), DHI MORTGAGE COMPANY, LTD. (5.32%), FBC MORTGAGE, LLC (5.41%), VANDERBILT MORTGAGE AND FINANCE, INC. (5.59%) and LOANDEPOT.COM, LLC (5.80%).
Greenville FHA Loan Limits
| Metro | County | Year | Single Family Limit | 2 Family Limit | 3 Family Limit | 4 Family Limit |
|---|---|---|---|---|---|---|
| GREENVILLE-ANDERSON, SC | ANDERSON | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
| GREENVILLE-ANDERSON, SC | GREENVILLE | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
| GREENVILLE-ANDERSON, SC | LAURENS | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
| GREENVILLE-ANDERSON, SC | PICKENS | 2022 | $420,680 | $538,650 | $651,050 | $809,150 |
| GREENVILLE-ANDERSON, SC | ANDERSON | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
| GREENVILLE-ANDERSON, SC | GREENVILLE | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
| GREENVILLE-ANDERSON, SC | LAURENS | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
| GREENVILLE-ANDERSON, SC | PICKENS | 2023 | $472,030 | $604,400 | $730,525 | $907,900 |
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Greenville (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
|---|---|---|---|---|
| 2018-01-01 | $269,448 (3.8%) | $352,535 (1.5%) | 1.00 | 3,073 |
| 2018-02-01 | $270,200 (4.0%) | $367,197 (5.5%) | 0.98 | 3,077 |
| 2018-03-01 | $274,900 (3.6%) | $371,234 (4.5%) | 0.96 | 3,123 |
| 2018-04-01 | $275,950 (2.6%) | $376,495 (3.3%) | 0.94 | 3,248 |
| 2018-05-01 | $274,950 (1.9%) | $379,888 (4.9%) | 0.92 | 3,357 |
| 2018-06-01 | $279,000 (1.5%) | $383,917 (4.5%) | 0.93 | 3,442 |
| 2018-07-01 | $275,000 (0.0%) | $379,620 (3.0%) | 0.92 | 3,454 |
| 2018-08-01 | $274,500 (0.0%) | $381,299 (4.0%) | 0.92 | 3,421 |
| 2018-09-01 | $267,000 (-1.1%) | $375,631 (3.7%) | 0.90 | 3,538 |
| 2018-10-01 | $264,363 (-2.5%) | $372,939 (1.9%) | 0.90 | 3,598 |
| 2018-11-01 | $264,950 (-1.8%) | $374,803 (2.5%) | 0.90 | 3,516 |
| 2018-12-01 | $261,035 (-3.1%) | $367,442 (1.9%) | 0.90 | 3,414 |
| 2019-01-01 | $264,874 (-1.7%) | $369,117 (4.7%) | 0.92 | 3,217 |
| 2019-02-01 | $264,950 (-1.9%) | $370,311 (0.9%) | 0.90 | 3,134 |
| 2019-03-01 | $275,814 (0.3%) | $380,488 (2.5%) | 0.90 | 3,059 |
| 2019-04-01 | $284,900 (3.2%) | $390,071 (3.6%) | 0.90 | 3,025 |
| 2019-05-01 | $286,882 (4.3%) | $395,749 (4.2%) | 0.90 | 3,176 |
| 2019-06-01 | $284,900 (2.1%) | $396,587 (3.3%) | 0.89 | 3,322 |
| 2019-07-01 | $280,989 (2.2%) | $400,359 (5.5%) | 0.88 | 3,500 |
| 2019-08-01 | $278,636 (1.5%) | $397,890 (4.4%) | 0.88 | 3,489 |
| 2019-09-01 | $276,591 (3.6%) | $393,689 (4.8%) | 0.89 | 3,489 |
| 2019-10-01 | $275,677 (4.3%) | $391,489 (5.0%) | 0.89 | 3,475 |
| 2019-11-01 | $274,900 (3.8%) | $392,910 (4.8%) | 0.90 | 3,378 |
| 2019-12-01 | $269,900 (3.4%) | $386,541 (5.2%) | 0.90 | 3,191 |
| 2020-01-01 | $269,945 (1.9%) | $385,973 (4.6%) | 0.90 | 3,043 |
| 2020-02-01 | $276,591 (4.4%) | $400,456 (8.1%) | 0.91 | 2,864 |
| 2020-03-01 | $279,900 (1.5%) | $408,601 (7.4%) | 0.88 | 2,878 |
| 2020-04-01 | $279,940 (-1.7%) | $405,145 (3.9%) | 0.88 | 2,978 |
| 2020-05-01 | $285,990 (-0.3%) | $418,905 (5.9%) | 0.87 | 2,891 |
| 2020-06-01 | $298,188 (4.7%) | $435,085 (9.7%) | 0.88 | 2,552 |
| 2020-07-01 | $290,000 (3.2%) | $432,625 (8.1%) | 0.84 | 2,452 |
| 2020-08-01 | $290,500 (4.3%) | $442,266 (11.2%) | 0.83 | 2,293 |
| 2020-09-01 | $290,312 (5.0%) | $446,523 (13.4%) | 0.83 | 2,120 |
| 2020-10-01 | $283,263 (2.8%) | $431,179 (10.1%) | 0.81 | 2,093 |
| 2020-11-01 | $279,900 (1.8%) | $416,472 (6.0%) | 0.82 | 2,096 |
| 2020-12-01 | $275,833 (2.2%) | $411,099 (6.4%) | 0.82 | 1,939 |
| 2021-01-01 | $276,200 (2.3%) | $418,930 (8.5%) | 0.82 | 1,690 |
| 2021-02-01 | $283,157 (2.4%) | $432,690 (8.1%) | 0.82 | 1,459 |
| 2021-03-01 | $296,450 (5.9%) | $454,927 (11.3%) | 0.84 | 1,242 |
| 2021-04-01 | $311,900 (11.4%) | $479,728 (18.4%) | 0.84 | 1,095 |
| 2021-05-01 | $304,336 (6.4%) | $498,777 (19.1%) | 0.81 | 1,006 |
| 2021-06-01 | $318,900 (7.0%) | $501,656 (15.3%) | 0.84 | 1,068 |
| 2021-07-01 | $319,000 (10.0%) | $492,045 (13.7%) | 0.84 | 1,251 |
| 2021-08-01 | $342,125 (17.8%) | $512,691 (15.9%) | 0.91 | 1,298 |
| 2021-09-01 | $348,075 (19.9%) | $516,839 (15.8%) | 0.93 | 1,303 |
| 2021-10-01 | $337,950 (19.3%) | $507,700 (17.8%) | 0.90 | 1,300 |
| 2021-11-01 | $331,490 (18.4%) | $506,137 (21.5%) | 0.89 | 1,235 |
| 2021-12-01 | $330,731 (19.9%) | $500,987 (21.9%) | 0.90 | 1,178 |
| 2022-01-01 | $329,000 (19.1%) | $501,017 (19.6%) | 0.89 | 1,030 |
| 2022-02-01 | $345,000 (21.8%) | $511,765 (18.3%) | 0.90 | 854 |
| 2022-03-01 | $342,450 (15.5%) | $512,665 (12.7%) | 0.86 | 814 |
| 2022-04-01 | $353,655 (13.4%) | $512,523 (6.8%) | 0.84 | 852 |
| 2022-05-01 | $356,494 (17.1%) | $509,882 (2.2%) | 0.81 | 1,096 |
| 2022-06-01 | $355,337 (11.4%) | $492,515 (-1.8%) | 0.79 | 1,375 |
| 2022-07-01 | $353,000 (10.7%) | $488,457 (-0.7%) | 0.80 | 1,777 |
| 2022-08-01 | $350,821 (2.5%) | $487,443 (-4.9%) | 0.81 | 1,916 |
| 2022-09-01 | $349,900 (0.5%) | $479,489 (-7.2%) | 0.82 | 2,024 |
| 2022-10-01 | $345,000 (2.1%) | $477,645 (-5.9%) | 0.81 | 2,269 |
| 2022-11-01 | $341,950 (3.2%) | $475,759 (-6.0%) | 0.82 | 2,410 |
| 2022-12-01 | $339,800 (2.7%) | $472,459 (-5.7%) | 0.84 | 2,244 |
| 2023-01-01 | $336,015 (2.1%) | $463,561 (-7.5%) | 0.83 | 2,029 |
| 2023-02-01 | $335,075 (-2.9%) | $466,210 (-8.9%) | 0.81 | 1,974 |
| 2023-03-01 | $337,000 (-1.6%) | $475,262 (-7.3%) | 0.79 | 1,898 |
| 2023-04-01 | $348,790 (-1.4%) | $511,524 (-0.2%) | 0.81 | 1,738 |
| 2023-05-01 | $349,950 (-1.8%) | $523,877 (2.7%) | 0.79 | 1,728 |
| 2023-06-01 | $352,028 (-0.9%) | $538,994 (9.4%) | 0.79 | 1,786 |
| 2023-07-01 | $356,590 (1.0%) | $531,220 (8.8%) | 0.81 | 1,872 |
| 2023-08-01 | $351,750 (0.3%) | $519,601 (6.6%) | 0.81 | 1,968 |
| 2023-09-01 | $359,950 (2.9%) | $527,738 (10.1%) | 0.84 | 2,031 |
| 2023-10-01 | $359,950 (4.3%) | $524,445 (9.8%) | 0.85 | 2,179 |
| 2023-11-01 | $362,500 (6.0%) | $533,111 (12.1%) | 0.86 | 2,223 |
| 2023-12-01 | $359,000 (5.7%) | $528,211 (11.8%) | 0.88 | 2,109 |
| 2024-01-01 | $358,550 (6.7%) | $526,652 (13.6%) | 0.88 | 2,065 |
| 2024-02-01 | $357,125 (6.6%) | $513,062 (10.1%) | 0.86 | 2,003 |
| 2024-03-01 | $355,000 (5.3%) | $508,924 (7.1%) | 0.84 | 2,111 |
| 2024-04-01 | $360,248 (3.3%) | $535,459 (4.7%) | 0.84 | 2,196 |
| 2024-05-01 | $366,325 (4.7%) | $555,690 (6.1%) | 0.83 | 2,262 |
| 2024-06-01 | $370,000 (5.1%) | $547,806 (1.6%) | 0.84 | 2,370 |
| 2024-07-01 | $375,000 (5.2%) | $537,486 (1.2%) | 0.86 | 2,527 |
| 2024-08-01 | $374,900 (6.6%) | $530,100 (2.0%) | 0.87 | 2,714 |
| 2024-09-01 | $369,900 (2.8%) | $526,199 (-0.3%) | 0.87 | 2,877 |
| 2024-10-01 | $365,095 (1.4%) | $521,183 (-0.6%) | 0.86 | 2,769 |
| 2024-11-01 | $358,900 (-1.0%) | $520,049 (-2.5%) | 0.86 | 2,766 |
| 2024-12-01 | $359,947 (0.3%) | $517,150 (-2.1%) | 0.89 | 2,559 |
| 2025-01-01 | $361,042 (0.7%) | $519,318 (-1.4%) | 0.90 | 2,445 |
| 2025-02-01 | $364,975 (2.2%) | $531,459 (3.6%) | 0.89 | 2,505 |
| 2025-03-01 | $365,000 (2.8%) | $536,837 (5.5%) | 0.00 | 2,764 |
Greenville's median listing price comes in at 0% of the national average.
Greenville's average listing price for 2025-03-01 was $536,837, a difference of $27,913 (5.5%) versus the prior year and $5,378 versus the prior month.
For the 2025-03-01 period, Greenville had 2,764 MLS listings, a difference of 259 listings (10%) versus the prior month and 653 listings (31%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Greenville (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 81 days | 2,210 sqft |
| 2018-02-01 | 76 days | 2,220 sqft |
| 2018-03-01 | 56 days | 2,302 sqft |
| 2018-04-01 | 52 days | 2,348 sqft |
| 2018-05-01 | 50 days | 2,294 sqft |
| 2018-06-01 | 55 days | 2,271 sqft |
| 2018-07-01 | 60 days | 2,264 sqft |
| 2018-08-01 | 65 days | 2,225 sqft |
| 2018-09-01 | 64 days | 2,152 sqft |
| 2018-10-01 | 63 days | 2,142 sqft |
| 2018-11-01 | 68 days | 2,137 sqft |
| 2018-12-01 | 77 days | 2,104 sqft |
| 2019-01-01 | 86 days | 2,096 sqft |
| 2019-02-01 | 82 days | 2,066 sqft |
| 2019-03-01 | 70 days | 2,138 sqft |
| 2019-04-01 | 56 days | 2,215 sqft |
| 2019-05-01 | 51 days | 2,235 sqft |
| 2019-06-01 | 54 days | 2,210 sqft |
| 2019-07-01 | 54 days | 2,198 sqft |
| 2019-08-01 | 57 days | 2,151 sqft |
| 2019-09-01 | 61 days | 2,122 sqft |
| 2019-10-01 | 65 days | 2,104 sqft |
| 2019-11-01 | 67 days | 2,100 sqft |
| 2019-12-01 | 77 days | 2,059 sqft |
| 2020-01-01 | 79 days | 2,063 sqft |
| 2020-02-01 | 73 days | 2,100 sqft |
| 2020-03-01 | 60 days | 2,131 sqft |
| 2020-04-01 | 59 days | 2,179 sqft |
| 2020-05-01 | 64 days | 2,200 sqft |
| 2020-06-01 | 69 days | 2,225 sqft |
| 2020-07-01 | 58 days | 2,190 sqft |
| 2020-08-01 | 52 days | 2,196 sqft |
| 2020-09-01 | 51 days | 2,079 sqft |
| 2020-10-01 | 51 days | 2,034 sqft |
| 2020-11-01 | 53 days | 1,978 sqft |
| 2020-12-01 | 59 days | 1,955 sqft |
| 2021-01-01 | 68 days | 1,950 sqft |
| 2021-02-01 | 55 days | 1,914 sqft |
| 2021-03-01 | 50 days | 1,889 sqft |
| 2021-04-01 | 50 days | 1,967 sqft |
| 2021-05-01 | 40 days | 1,923 sqft |
| 2021-06-01 | 37 days | 1,948 sqft |
| 2021-07-01 | 33 days | 1,952 sqft |
| 2021-08-01 | 37 days | 1,976 sqft |
| 2021-09-01 | 44 days | 1,962 sqft |
| 2021-10-01 | 45 days | 1,929 sqft |
| 2021-11-01 | 45 days | 1,871 sqft |
| 2021-12-01 | 49 days | 1,881 sqft |
| 2022-01-01 | 54 days | 1,870 sqft |
| 2022-02-01 | 40 days | 1,917 sqft |
| 2022-03-01 | 37 days | 1,859 sqft |
| 2022-04-01 | 34 days | 1,891 sqft |
| 2022-05-01 | 32 days | 1,990 sqft |
| 2022-06-01 | 32 days | 1,960 sqft |
| 2022-07-01 | 34 days | 1,987 sqft |
| 2022-08-01 | 40 days | 1,946 sqft |
| 2022-09-01 | 45 days | 2,002 sqft |
| 2022-10-01 | 46 days | 2,001 sqft |
| 2022-11-01 | 51 days | 2,035 sqft |
| 2022-12-01 | 64 days | 1,978 sqft |
| 2023-01-01 | 75 days | 1,931 sqft |
| 2023-02-01 | 65 days | 1,912 sqft |
| 2023-03-01 | 50 days | 1,913 sqft |
| 2023-04-01 | 47 days | 2,000 sqft |
| 2023-05-01 | 43 days | 2,020 sqft |
| 2023-06-01 | 44 days | 2,036 sqft |
| 2023-07-01 | 43 days | 2,048 sqft |
| 2023-08-01 | 44 days | 2,018 sqft |
| 2023-09-01 | 44 days | 2,018 sqft |
| 2023-10-01 | 44 days | 2,035 sqft |
| 2023-11-01 | 46 days | 2,047 sqft |
| 2023-12-01 | 56 days | 2,066 sqft |
| 2024-01-01 | 63 days | 2,046 sqft |
| 2024-02-01 | 48 days | 2,042 sqft |
| 2024-03-01 | 42 days | 2,039 sqft |
| 2024-04-01 | 41 days | 2,039 sqft |
| 2024-05-01 | 40 days | 2,053 sqft |
| 2024-06-01 | 44 days | 2,044 sqft |
| 2024-07-01 | 46 days | 2,053 sqft |
| 2024-08-01 | 49 days | 2,021 sqft |
| 2024-09-01 | 49 days | 1,992 sqft |
| 2024-10-01 | 58 days | 1,969 sqft |
| 2024-11-01 | 64 days | 1,955 sqft |
| 2024-12-01 | 66 days | 1,945 sqft |
| 2025-01-01 | 68 days | 1,956 sqft |
| 2025-02-01 | 60 days | 1,983 sqft |
| 2025-03-01 | 0 days | 1,991 sqft |
Greenville's median square footage for active listings during the 2025-03-01 period was 1,991 sqft. One year prior, the average listing was 2,039 sqft.