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 179 lenders originated 3,165 FHA loans during 2023. The total origination value was $821,845,000, with an average FHA loan value of $259,667.

Greenville FHA Loans, 30 Year Fixed Rates

30 Year FHA mortgages in Greenville averaged 6.66% for the week of 2024-04-12, compared to the national average (all FHA variants) of 6.739% for the same period.

Greenville's average FHA mortgage closing costs are $7,722.

The average rate for the prior week (2024-04-05) was 6.68% and one month ago for the week of 2024-03-08, the average rate was 6.42%.

The average rate one year ago was 6.25%.

For refis of the same type during the week of 2024-04-12, the average rate was 7.25%.

Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations.

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.

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
QUICKEN LOANS, LLC 314 6.16% $10,945
DHI MORTGAGE COMPANY, LTD. 201 5.31% $8,179
NVR Mortgage Finance, Inc. 171 6.01% $11,422
UNITED WHOLESALE MORTGAGE, LLC 134 6.23% $13,039
PRIMELENDING, A PLAINSCAPITAL COMPANY 127 6.29% $12,640
LOANDEPOT.COM, LLC 116 6.00% $10,910
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 90 6.55% $10,317
MOVEMENT MORTGAGE, LLC 80 6.77% $10,891
CARDINAL FINANCIAL 78 6.45% $13,363
FBC MORTGAGE, LLC 74 5.49% $8,873
CROSSCOUNTRY MORTGAGE, LLC 72 6.75% $12,023
ON Q FINANCIAL, INC. 68 6.67% $9,523
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 60 6.57% $11,679
ACOPIA, LLC 56 6.52% $12,687
American Mortgage & Equity Consultants, Inc. 56 6.30% $12,932
BROKER SOLUTIONS, INC. 55 6.65% $10,947
EAGLE HOME MORTGAGE, LLC 53 6.41% $11,915
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 47 6.73% $11,222
Renasant Bank 43 6.19% $12,097
FREEDOM MORTGAGE CORPORATION 41 6.96% $12,298
PENNYMAC LOAN SERVICES, LLC 37 6.13% $12,098
TOWNE MORTGAGE COMPANY 32 6.32% $10,821
NEWREZ LLC 30 6.54% $9,649
HOMESIDE FINANCIAL, LLC 30 7.07% $12,269
Mr. Cooper ( Nationstar Mortgage ) 27 5.92% $14,473
Southern First Bank 25 6.52% $10,685
GUILD MORTGAGE COMPANY 25 6.53% $10,384
Carrington Mortgage Services, LLC 20 6.09% $13,240
Flagstar Bank, FSB 20 6.30% $9,669
HOMEOWNERS FINANCIAL GROUP USA, LLC 20 6.66% $13,095
Ameris Bank 18 6.22% $9,715
First Heritage Mortgage, LLC 18 6.58% $16,062
UNION HOME MORTGAGE CORP. 17 7.06% $9,890
HOMESTAR FINANCIAL CORPORATION 17 6.93% $8,015
AMERISAVE MORTGAGE CORPORATION 17 6.26% $14,777
AMERICAN PACIFIC MORTGAGE CORPORATION 16 6.59% $10,735
VANDERBILT MORTGAGE AND FINANCE, INC. 16 6.31% $12,762
LAKEVIEW LOAN SERVICING, LLC 15 6.39% $13,270
Sierra Pacific Mortgage Company, Inc. 15 5.93% $12,288
Countybank 15 6.87% $9,666
AMERICAN FINANCIAL NETWORK, INC. 15 6.84% $10,394
MUTUAL OF OMAHA MORTGAGE, INC. 15 6.59% $11,778
GENEVA FINANCIAL, LLC 13 6.32% $10,861
Equity Prime Mortgage LLC 13 7.23% $11,042
MID AMERICA MORTGAGE, INC. 13 6.81% $9,209
Paramount Residential Mortgage Group, Inc. 12 6.68% $11,598
Network Funding, L.P. 12 6.96% $10,386
First Community Bank 12 6.82% $12,099
HOMEBRIDGE FINANCIAL SERVICES, INC. 12 6.55% $9,624
PRIMARY RESIDENTIAL MORTGAGE, INC. 12 6.58% $10,295
South State Bank 11 6.65% $9,426
LOANPAL, LLC 10 5.94% $12,013
Century Mortgage Company DBA Century Lending Company 10 6.33% $10,641
CRESCENT MORTGAGE COMPANY 10 6.55% $9,335
EVERETT FINANCIAL, INC. 10 7.04% $12,450
CMG MORTGAGE, INC. 9 6.83% $11,163
AMERICAN FINANCING CORPORATION 9 6.22% $10,933
ARK-LA-TEX FINANCIAL SERVICES, LLC. 9 6.69% $9,667
Regions Bank 8 6.31% $9,256
SUN WEST MORTGAGE COMPANY, INC. 8 6.47% $9,497
Truist 8 6.35% $7,726
Wells Fargo Bank 8 6.75% $7,014
United Community Bank 8 6.50% $7,245
AMERICAN FINANCIAL RESOURCES, INC. 8 6.00% $12,903
Magnolia Bank 7 6.59% $11,079
PLANET HOME LENDING, LLC 7 5.79% $7,905
RELIANCE FIRST CAPITAL, LLC 7 6.89% $12,084
CITY FIRST MORTGAGE SERVICES, L.L.C. 7 6.87% $11,782
MORTGAGE SOLUTIONS OF COLORADO, LLC 6 7.00% $13,911
Alcova Mortgage LLC 6 6.44% $7,108
CONTOUR MORTGAGE CORPORATION 6 6.92% $14,531
HOWARD HANNA FINANCIAL SERVICES, INC. 6 6.60% $9,714
Princeton Mortgage Corporation 6 6.81% $10,599
TOP FLITE FINANCIAL, INC. 6 6.83% $10,918
DELMAR FINANCIAL COMPANY 6 7.12% $10,375
Synovus Bank 5 6.23% $9,039
GSF Mortgage Corporation 5 6.38% $9,396
STOCKTON MORTGAGE CORPORATION 5 6.53% $12,822
GUARANTEED RATE, INC. 5 6.49% $10,712
INSPIRE HOME LOANS INC. 5 5.78% $8,415
Mortgage Research Center, LLC 5 6.67% $10,229
PHH Mortgage Corporation 5 6.48% $10,319
Bank of America 5 6.18% $6,142
RESOURCE FINANCIAL SERVICES, INC. 5 6.98% $9,137
FIRST COMMUNITY MORTGAGE, INC. 5 6.25% $12,819
VERITAS FUNDING, LLC 5 6.70% $18,592
First-Citizens Bank & Trust Company 5 5.93% $9,777
NORWICH COMMERCIAL GROUP, INC. 4 6.44% $11,399
BAY EQUITY LLC 4 6.53% $13,014
Nations Lending Corporation 4 6.75% $11,122
TOTAL MORTGAGE SERVICES, LLC 4 6.91% $9,269
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 4 7.65% $10,896
NFM, INC. 4 7.22% $10,417
ZILLOW HOME LOANS, LLC 4 6.84% $11,136
First Palmetto Bank 4 7.06% $7,934
LEGEND LENDING CORPORATION 4 6.50% $16,859
PLAZA HOME MORTGAGE, INC. 4 6.87% $10,397
NEW FED MORTGAGE, CORP. 4 6.75% $12,920
RAPID MORTGAGE COMPANY 3 6.71% $10,642
ALLIED MORTGAGE GROUP, INC. 3 6.29% $11,343
BANKSOUTH MORTGAGE COMPANY, LLC 3 6.37% $10,582
Blue Ridge Bank 3 6.29% $8,758
INTERLINC MORTGAGE SERVICES, LLC 3 7.13% $9,502
MICHIGAN MUTUAL, INC. 3 5.58% $17,226
NATIONS DIRECT MORTGAGE, LLC 3 6.54% $15,840
Plains Commerce Bank 3 6.25% $13,570
SOUTHPOINT FINANCIAL SERVICES, INC. 3 7.00% $8,144
SWBC MORTGAGE CORPORATION 3 7.00% $7,418
TruHome Solutions, LLC 3 6.83% $11,585
VILLAGE CAPITAL MORTGAGE 3 7.29% $11,190
ROYAL UNITED MORTGAGE LLC 2 7.56% $4,765
MEMBER FIRST MORTGAGE, LLC 2 6.94% $7,522
PENTAGON FEDERAL CREDIT UNION 2 5.75% $8,180
LADERA LENDING, INC. 2 6.88% $8,943
Capital City Home Loans, LLC 2 6.50% $9,330
Pinnacle Bank 2 5.69% $12,148
Prosperity Home Mortgage, LLC 2 6.19% $10,799
Northpointe Bank 2 6.44% $14,721
BETTER MORTGAGE CORPORATION 2 6.31% $13,733
Truliant Federal Credit Union 2 6.00% $9,179
NEXERA HOLDING LLC 2 5.38% $3,208
JPMorgan Chase Bank 2 5.87% $14,951
COMPASS MORTGAGE, INC. 2 6.88% $7,099
Atlantic Coast Mortgage, LLC 2 6.44% $10,696
FIRST INTEGRITY MORTGAGE SERVICES, INC. 2 7.44% $3,329
Waterstone Mortgage Corporation 2 5.75% $8,178
First Federal Bank 2 7.13% $6,450
POLARIS HOME FUNDING CORP. 2 7.44% $11,151
AmeriHome Mortgage Company, LLC 2 5.63% $14,941
TD Bank 2 5.88% $7,256
The Federal Savings Bank 2 6.50% $10,251
M&T Bank 2 6.69% $9,541
NEW DAY FINANCIAL, LLC 2 7.50% $10,281
MORTGAGE INVESTORS GROUP, INC. 2 6.00% $9,104
CREDIT UNION MORTGAGE ASSOCIATION, INC. 1 5.75% $10,877
SOUTHWEST STAGE FUNDING, LLC 1 7.25% $6,700
CIS Financial Services, Inc. 1 7.13% $10,951
CHURCHILL MORTGAGE CORPORATION 1 6.13% $8,087
TBI MORTGAGE COMPANY 1 5.25% $17,974
The Loan Store, Inc. 1 6.38% $17,608
The Park National Bank 1 7.00% $9,049
THRIVE MORTGAGE, LLC 1 7.13% $9,217
CAROLINA ONE MORTGAGE, LLC 1 6.63% $8,854
Towne Bank 1 6.00% $11,745
CALIBER HOME LOANS, INC. 1 7.25% $9,472
Allen Tate Mortgage Partners, LLC 1 6.00% $10,504
Trustmark National Bank 1 7.13% $8,299
BAYSHORE MORTGAGE FUNDING, LLC 1 6.13% $8,282
Axos Bank 1 5.63% $12,718
Univest Bank and Trust Co. 1 6.38% $6,421
U.S. Bank 1 7.13% $8,901
US MORTGAGE CORPORATION 1 7.50% $8,188
AmRes Corporation 1 7.49% $9,040
NBKC BANK 1 7.50% $8,650
Neighborhood Loans, Inc. 1 5.25% $13,167
Mortgage Lenders Investment Trading Corporation 1 7.25% $11,449
MORTGAGE EQUITY PARTNERS LLC 1 6.00% $11,824
MLB RESIDENTIAL LENDING, LLC 1 6.13% $11,702
MILEND, INC. 1 7.13% $17,428
OCEANSIDE MORTGAGE COMPANY 1 5.50% $7,177
PACIFIC RESIDENTIAL MORTGAGE, LLC 1 6.63% $8,362
LIBERTY HOME MORTGAGE CORPORATION 1 7.50% $17,399
Lakeview Community Capital, LLC 1 6.75% $11,612
Advisors Mortgage Group, L.L.C. 1 6.88% $15,605
KELLER MORTGAGE, LLC 1 5.88% $8,390
PREMIER MORTGAGE RESOURCES, L.L.C. 1 7.25% $21,618
INTERCOASTAL MORTGAGE COMPANY 1 6.12% $7,329
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 7.49% $11,306
GUARANTY HOME MORTGAGE CORPORATION 1 7.25% $19,215
GUARANTEED RATE AFFINITY, LLC 1 6.75% $6,635
1ST 2ND MORTGAGE COMPANY OF N.J., INC. 1 6.75% $8,131
Fulton Bank 1 6.63% $9,318
FIRST ALLIANCE HOME MORTGAGE, LLC 1 7.25% $10,114
RUOFF MORTGAGE COMPANY, INC. 1 5.50% $6,704
SeaTrust Mortgage Company 1 6.63% $9,681
Shamrock Home Loans, Inc. 1 6.63% $8,068
Fifth Third Bank 1 7.63% $9,987
EMM LOANS LLC 1 6.25% $13,352
V.I.P. MORTGAGE, INC. 1 5.99% $17,301

The top Greenville FHA lender as defined by loan originations is QUICKEN LOANS, LLC, with 314 FHA loans originated. Their average total fees are $10,945, which is $2,766 higher than the next largest lender, DHI MORTGAGE COMPANY, LTD..

The lowest fee Greenville FHA lenders (with over 10 loans originated) are HOMESTAR FINANCIAL CORPORATION ($8,015), DHI MORTGAGE COMPANY, LTD. ($8,179), FBC MORTGAGE, LLC ($8,873), MID AMERICA MORTGAGE, INC. ($9,209) and CRESCENT MORTGAGE COMPANY ($9,335).

The lowest rate Greenville FHA lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. (5.31%), FBC MORTGAGE, LLC (5.49%), Mr. Cooper ( Nationstar Mortgage ) (5.92%), Sierra Pacific Mortgage Company, Inc. (5.93%) and LOANPAL, LLC (5.94%).

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 $269,410 (3.8%) $352,368 (1.6%) 1.00 3,079
2018-02-01 $269,950 (3.9%) $366,949 (5.6%) 0.98 3,082
2018-03-01 $274,850 (3.7%) $370,402 (4.4%) 0.96 3,137
2018-04-01 $275,150 (2.5%) $375,675 (3.3%) 0.93 3,263
2018-05-01 $274,600 (1.7%) $379,079 (4.8%) 0.92 3,371
2018-06-01 $278,711 (1.5%) $383,191 (4.5%) 0.93 3,455
2018-07-01 $275,000 (0.0%) $378,803 (3.0%) 0.92 3,471
2018-08-01 $273,950 (0.1%) $380,093 (3.8%) 0.92 3,443
2018-09-01 $265,452 (-1.7%) $374,424 (3.6%) 0.89 3,561
2018-10-01 $263,910 (-2.2%) $372,107 (1.9%) 0.89 3,616
2018-11-01 $264,700 (-1.9%) $374,014 (2.4%) 0.90 3,532
2018-12-01 $260,000 (-3.4%) $366,897 (1.8%) 0.90 3,426
2019-01-01 $264,675 (-1.8%) $368,479 (4.6%) 0.91 3,228
2019-02-01 $264,790 (-1.9%) $369,569 (0.7%) 0.89 3,146
2019-03-01 $275,814 (0.4%) $379,834 (2.6%) 0.90 3,069
2019-04-01 $284,575 (3.4%) $389,534 (3.7%) 0.90 3,032
2019-05-01 $286,007 (4.2%) $395,112 (4.2%) 0.89 3,188
2019-06-01 $284,777 (2.2%) $396,193 (3.4%) 0.89 3,329
2019-07-01 $280,746 (2.1%) $400,490 (5.7%) 0.88 3,512
2019-08-01 $278,636 (1.7%) $397,866 (4.7%) 0.88 3,504
2019-09-01 $276,591 (4.2%) $393,610 (5.1%) 0.89 3,503
2019-10-01 $275,227 (4.3%) $391,577 (5.2%) 0.89 3,490
2019-11-01 $274,900 (3.9%) $393,132 (5.1%) 0.90 3,392
2019-12-01 $269,900 (3.8%) $386,736 (5.4%) 0.90 3,206
2020-01-01 $269,713 (1.9%) $386,124 (4.8%) 0.90 3,063
2020-02-01 $276,500 (4.4%) $400,282 (8.3%) 0.91 2,891
2020-03-01 $279,900 (1.5%) $408,366 (7.5%) 0.88 2,902
2020-04-01 $279,948 (-1.6%) $405,230 (4.0%) 0.88 3,000
2020-05-01 $285,945 (0.0%) $418,816 (6.0%) 0.87 2,910
2020-06-01 $298,081 (4.7%) $434,790 (9.7%) 0.88 2,572
2020-07-01 $290,000 (3.3%) $432,670 (8.0%) 0.84 2,471
2020-08-01 $290,500 (4.3%) $441,344 (10.9%) 0.83 2,310
2020-09-01 $290,278 (5.0%) $445,756 (13.3%) 0.83 2,131
2020-10-01 $284,845 (3.5%) $431,507 (10.2%) 0.82 2,102
2020-11-01 $279,900 (1.8%) $417,233 (6.1%) 0.82 2,104
2020-12-01 $276,745 (2.5%) $411,745 (6.5%) 0.82 1,948
2021-01-01 $277,323 (2.8%) $418,833 (8.5%) 0.83 1,699
2021-02-01 $283,745 (2.6%) $432,977 (8.2%) 0.83 1,466
2021-03-01 $296,320 (5.9%) $454,798 (11.4%) 0.84 1,246
2021-04-01 $312,425 (11.6%) $479,286 (18.3%) 0.85 1,098
2021-05-01 $304,618 (6.5%) $498,294 (19.0%) 0.81 1,007
2021-06-01 $319,000 (7.0%) $501,274 (15.3%) 0.84 1,071
2021-07-01 $318,876 (10.0%) $491,126 (13.5%) 0.84 1,254
2021-08-01 $341,775 (17.7%) $511,640 (15.9%) 0.91 1,304
2021-09-01 $347,576 (19.7%) $515,943 (15.8%) 0.93 1,308
2021-10-01 $335,783 (17.9%) $506,234 (17.3%) 0.90 1,309
2021-11-01 $330,000 (17.9%) $505,112 (21.1%) 0.88 1,241
2021-12-01 $330,358 (19.4%) $500,326 (21.5%) 0.89 1,182
2022-01-01 $329,000 (18.6%) $499,531 (19.3%) 0.89 1,035
2022-02-01 $345,000 (21.6%) $509,991 (17.8%) 0.90 862
2022-03-01 $342,425 (15.6%) $510,853 (12.3%) 0.86 821
2022-04-01 $353,655 (13.2%) $511,866 (6.8%) 0.84 860
2022-05-01 $356,787 (17.1%) $509,279 (2.2%) 0.82 1,101
2022-06-01 $355,787 (11.5%) $491,691 (-1.9%) 0.79 1,383
2022-07-01 $354,900 (11.3%) $488,240 (-0.6%) 0.80 1,787
2022-08-01 $352,541 (3.2%) $487,079 (-4.8%) 0.82 1,931
2022-09-01 $349,925 (0.7%) $479,157 (-7.1%) 0.82 2,037
2022-10-01 $345,788 (3.0%) $477,076 (-5.8%) 0.81 2,286
2022-11-01 $342,706 (3.9%) $475,314 (-5.9%) 0.82 2,425
2022-12-01 $339,900 (2.9%) $471,825 (-5.7%) 0.84 2,262
2023-01-01 $336,950 (2.4%) $462,757 (-7.4%) 0.83 2,050
2023-02-01 $335,900 (-2.6%) $465,163 (-8.8%) 0.81 1,986
2023-03-01 $336,975 (-1.6%) $474,638 (-7.1%) 0.79 1,902
2023-04-01 $348,900 (-1.3%) $511,321 (-0.1%) 0.81 1,740
2023-05-01 $349,950 (-1.9%) $523,783 (2.9%) 0.79 1,733
2023-06-01 $352,450 (-0.9%) $538,858 (9.6%) 0.79 1,793
2023-07-01 $357,500 (0.7%) $531,305 (8.8%) 0.81 1,879
2023-08-01 $351,750 (-0.2%) $519,384 (6.6%) 0.81 1,974
2023-09-01 $359,900 (2.9%) $527,281 (10.0%) 0.84 2,038
2023-10-01 $359,950 (4.1%) $524,147 (9.9%) 0.85 2,187
2023-11-01 $362,350 (5.7%) $532,633 (12.1%) 0.86 2,234
2023-12-01 $359,000 (5.6%) $527,612 (11.8%) 0.88 2,121
2024-01-01 $358,651 (6.4%) $526,132 (13.7%) 0.88 2,079
2024-02-01 $357,125 (6.3%) $512,741 (10.2%) 0.86 2,017
2024-03-01 $355,000 (5.4%) $508,729 (7.2%) 0.84 2,121
Greenville's median listing price for 2024-03-01 was $355,000, a difference of $18,025 (5.4%) versus the prior year and $-2,125 versus the prior month.

Greenville's median listing price comes in at 84% of the national average.

Greenville's average listing price for 2024-03-01 was $508,729, a difference of $34,091 (7.2%) versus the prior year and $-4,012 versus the prior month.

For the 2024-03-01 period, Greenville had 2,121 MLS listings, a difference of 104 listings (5%) versus the prior month and 219 listings (12%) 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 2,146 sqft
2018-02-01 76 days 2,149 sqft
2018-03-01 57 days 2,301 sqft
2018-04-01 52 days 2,338 sqft
2018-05-01 51 days 2,282 sqft
2018-06-01 55 days 2,266 sqft
2018-07-01 60 days 2,243 sqft
2018-08-01 65 days 2,206 sqft
2018-09-01 64 days 2,153 sqft
2018-10-01 64 days 2,131 sqft
2018-11-01 68 days 2,125 sqft
2018-12-01 77 days 2,100 sqft
2019-01-01 86 days 2,096 sqft
2019-02-01 82 days 2,077 sqft
2019-03-01 70 days 2,132 sqft
2019-04-01 56 days 2,198 sqft
2019-05-01 51 days 2,210 sqft
2019-06-01 54 days 2,183 sqft
2019-07-01 54 days 2,193 sqft
2019-08-01 57 days 2,134 sqft
2019-09-01 61 days 2,108 sqft
2019-10-01 65 days 2,094 sqft
2019-11-01 67 days 2,099 sqft
2019-12-01 77 days 2,079 sqft
2020-01-01 79 days 2,095 sqft
2020-02-01 73 days 2,117 sqft
2020-03-01 61 days 2,175 sqft
2020-04-01 60 days 2,180 sqft
2020-05-01 64 days 2,204 sqft
2020-06-01 70 days 2,238 sqft
2020-07-01 58 days 2,239 sqft
2020-08-01 52 days 2,242 sqft
2020-09-01 51 days 2,089 sqft
2020-10-01 52 days 2,050 sqft
2020-11-01 53 days 1,998 sqft
2020-12-01 59 days 1,991 sqft
2021-01-01 68 days 1,972 sqft
2021-02-01 55 days 1,919 sqft
2021-03-01 51 days 1,888 sqft
2021-04-01 50 days 1,954 sqft
2021-05-01 40 days 1,915 sqft
2021-06-01 37 days 1,916 sqft
2021-07-01 33 days 1,957 sqft
2021-08-01 37 days 2,007 sqft
2021-09-01 44 days 2,013 sqft
2021-10-01 44 days 1,944 sqft
2021-11-01 45 days 1,901 sqft
2021-12-01 49 days 1,934 sqft
2022-01-01 54 days 1,931 sqft
2022-02-01 40 days 1,956 sqft
2022-03-01 37 days 1,957 sqft
2022-04-01 34 days 1,877 sqft
2022-05-01 32 days 2,010 sqft
2022-06-01 32 days 1,949 sqft
2022-07-01 34 days 2,000 sqft
2022-08-01 41 days 1,965 sqft
2022-09-01 45 days 2,015 sqft
2022-10-01 46 days 2,142 sqft
2022-11-01 51 days 2,151 sqft
2022-12-01 64 days 2,007 sqft
2023-01-01 75 days 1,949 sqft
2023-02-01 65 days 1,914 sqft
2023-03-01 51 days 1,926 sqft
2023-04-01 47 days 2,037 sqft
2023-05-01 43 days 2,058 sqft
2023-06-01 44 days 2,076 sqft
2023-07-01 43 days 2,100 sqft
2023-08-01 44 days 2,019 sqft
2023-09-01 44 days 2,080 sqft
2023-10-01 44 days 2,081 sqft
2023-11-01 46 days 2,112 sqft
2023-12-01 56 days 2,178 sqft
2024-01-01 63 days 2,167 sqft
2024-02-01 48 days 2,135 sqft
2024-03-01 42 days 2,175 sqft
Greenville's median listing age (time on market) for 2024-03-01 was 42 days. This is -17% shorter than the same period one year ago.

Greenville's median square footage for active listings during the 2024-03-01 period was 2,175 sqft. One year prior, the average listing was 1,926 sqft.

FHA Loan Requirements

  • Borrowers must have a steady employment history or worked for the same employer for the past two years.
  • Borrowers must have a valid Social Security number, lawful residency in the U.S. and be of legal age to sign a mortgage in your state.
  • Borrowers must pay a minimum down payment of 3.5 percent. The money may be gifted by a family member. (Traditional mortgages do not permit gifted down payments)
  • New FHA loans are only available for primary residence occupancy.
  • Borrowers must have a property appraisal from a FHA-approved appraiser.
  • Borrowers’ front-end ratio (mortgage payment plus HOA fees, property taxes, mortgage insurance, homeowners insurance) needs to be less than 31 percent of their gross income, typically. You may be able to get approved with as high a percentage as 40 percent. Your lender will be required to provide justification as to why they believe the mortgage presents an acceptable risk. The lender must include any compensating factors used for loan approval.
  • Borrowers’ debt to income ratio (mortgage plus all your monthly debt, i.e., credit card payment, car payment, student loans, etc.) needs to be less than 43 percent of their gross income, typically. You may be able to get approved with as high a percentage as 50 percent.
  • Borrowers must have a minimum credit score of 580 for maximum financing with a minimum down payment of 3.5 percent.
  • Borrowers must have a minimum credit score of 500-579 for maximum LTV of 90 percent with a minimum down payment of 10 percent.
  • Bborrowers must be two years out of bankruptcy and have re-established good credit. Exceptions can be made.
  • Typically borrowers must be three years out of foreclosure and have re-established good credit.
  • The purchased property must meet certain minimum standards at appraisal. If the home you are purchasing does not meet these standards and a seller will not agree to the required repairs, your only option is to pay for the required repairs at closing (to be held in escrow until the repairs are complete).