Compare Greenville, SC mortgage rates and fees from top lenders. Review free, personalized mortgage rates based on your specifc loan amount, program and other factors. Easily compare APRs, closing costs and monthly payments to find the lowest mortgage rates in Greenville.
We recommend that you contact at least five lenders as shopping multiple lenders is the best way to save money on your mortgage in Greenville. Plus, shopping lenders is free and there is no obligation.
February 8, 2023
Below we provide helpful information on the real estate market, home prices and housing affordability in Greenville. Understand how much you need to earn to afford a home in Greenville, including the mortgage you need to qualify for. Review the monthy payment so you can determine if owning a house in Greenville fits your budget. This information is based on proprietary analysis you can only find on FREEandCLEAR and we offer it to help you decide if living in Greenville is right for you.
The median home value for Greenville, SC is $265,065
Based on current mortgage rates and a 10% down payment, you need to make $43,430 per year to buy the median priced home in Greenville
With this income, you could qualify for a $238,559 mortgage, assuming your monthly debt expense is reasonable
Based on this loan amount, the monthly mortgage payment required to buy the median priced home in Greenville is $1,006
The median household income for Greenville, SC is $69,621
Based on this income, you can afford a home valued at approximately $424,918
The home price you can afford to buy based on household income in Greenville is 160% of the median home value which means housing prices are average. Greenville ranks 36 out of 46 counties in South Carolina and 2,449 out of 3,142 counties in the United States for housing affordability.
According to the FREEandCLEAR Housing Affordability Index, the housing market in Greenville, SC is average
Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Greenville below.
Conforming loan limits for Greenville, SC
FHA loan limits for Greenville, SC
VA loan limits for Greenville, SC