Commercial Real Estate Market in Greenwood, SC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
156 active listings and 2,135 off-market properties in Greenwood, SC.
Market Trends
Greenwood, SC spans 155.0 square miles in Greenwood County, South Carolina. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Greenwood, SC asks $121/SF to buy. Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Retail
Retail space in Greenwood, SC asks $197/SF to buy. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Industrial
Industrial vacancy in Greenwood, SC runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily vacancy in Greenwood, SC runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 58.7%
- Commercial 12.9%
- Planned_development 11.9%
- Civic 10.9%
- Industrial 5.1%
- Mixed use 0.6%
Largest Zones share of zoned land by district
Residential Medium Density
Residential Single Family Low Density
Planned Development
Institutional Professional
General Commercial
Greenwood, SC zones 9,615 acres across 28 districts. Commercial zoning covers 12.9% of zoned land, residential 58.7% and industrial 5.1%. The largest single district is Residential Medium Density at 16.7%. For commercial buyers the practical constraint is that only 18% of land carries a commercial or industrial designation.
Residential Single Family Low Density (R-3)
R3 Residential-single family, medium density RM3 Residential-manufactured housing, medium density R4 Residential-medium density R7 Residential-high density RM7 Residential-manufactured housing, high density R10 Residential-high density R12 Residential-high density R15 Residential-high density The provisions of this Article apply to all residential districts.…
Market overview
Demographics & Economy
Greenwood, SC has 54,268 residents in 24,282 households. Density runs 350 people per square mile. Median household income here is $49,063 and median gross rent $878 a month.
54,268
Population
24,282
Households
2.2
Avg Household Size
39
Median Age
27%
College-Educated
88%
High-School Grad
155 sq mi
ZIP Area
350
Density / Sq Mi
$49,063
Median Household Income
$37,386
Median Earnings
$878
Median Rent
$169,797
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Hodges | — | — |
| Ninety Six | — | — |
| Promised Land | — | — |
| Bradley | — | — |
Commercial property in Greenwood, SC asks $36/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Greenwood?
Commercial property in Greenwood, SC asks an average of $36 per square foot. The 4 most recent recorded sales traded at a median of $82/SF. Retail carries the highest asking price at $197/SF.
What zoning applies to commercial property in Greenwood?
Greenwood, SC zones 9,615 acres across 28 districts, of which 12.9% is commercial and 5.1% industrial. The largest single district is Residential Medium Density at 16.7% of zoned land. Residential zoning covers 58.7% and open space 0%.
Where does Realmo's Greenwood market data come from?
Realmo compiles Greenwood, SC figures from 4 recent recorded sales, 147 active sale listings, 9 active lease listings, 2,135 tracked off-market properties, the current Greenwood zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 147 active for-sale and 9 active for-lease listings in Greenwood, SC. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 9,615 zoned acres across 28 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
