2025 Spring Housing Marketing Report for Upstate South Carolina
- David Locke
- May 1
- 2 min read
We’re asked daily:
💬 How much is my house worth?
💬 Are houses still selling?
💬 Is this a good time to buy or sell?”*
💬 What’s happening in the housing market?
Let’s dive into the facts. Thankfully, the real estate market in Upstate South Carolina remains strong. Homes are still selling, and despite national fluctuations, our region continues to attract buyers with its livability, affordability, and Southern charm.

🔍 2025 Housing Market Predictions – National & Local Outlook
According to top economists like Lawrence Yun, Chief Economist for the National Association of Realtors (NAR):
🏡 **Home prices** are expected to rise modestly in most markets—especially in affordable, growing regions like the Southeast.
📉 **Mortgage rates** are forecasted to slightly decline by the end of the year, possibly falling closer to **6% or below**, which could bring more buyers back into the market.
🧭 **Inventory remains tight**, which helps sellers retain negotiating power and keeps values stable.
✅ Pros for the Year Ahead
Sellers
- Continued buyer interest in Upstate SC.
- Low inventory keeps competition high.
- Prices are holding steady or slightly rising.
Buyers
- Potential for lower mortgage rates later this year.
- More new construction and renovated homes hitting the market.
- Great time to build equity over the long term.
Investors
- Upstate SC still offers better ROI than overpriced coastal metros.
- Airbnb and rental opportunities are growing
❌ Cons to Consider
- Affordability challenges: Home prices have risen significantly since 2020.
- Higher interest rates (for now) mean higher monthly payments.
- Tight inventory means buyers may face bidding wars or limited choices.
- Economic uncertainty still makes some cautious about big decisions.
Whether you’re buying your first home, investing in a rental, or thinking about downsizing, local expertise matters more than ever. Don’t rely on national headlines—**get the facts for Upstate South Carolina from someone who lives it every day.**

🏡 I’m David Locke, Realtor with Locke and Key Associates at KW. Let’s talk about your goals, your timeline, and your home’s real value.
Reach out today!
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