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Sarah Mitchell

CNESRESABR

Compass Real Estate · Great Falls, SC

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Great Falls, SC(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Great Falls, SC Housing Market & Real Estate

Balanced market

Housing market overview · Updated monthly ·

$164,250median sale price

How is the Great Falls, SC housing market right now?

The median home sale price in Great Falls, SC is $164,250. Homes sell in an average of 226 days with 10 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Great Falls a buyer's or seller's market?

Balanced market5.0 months of supply226 avg. days on market

Great Falls, SC is currently a balanced market, based on 5.0 months of supply and homes selling in about 226 days. How we determine this →

Homes sold

2

Last 12 weeks

Days on market

226

Average pace

Active listings

10

5.0 months supply

Sale-to-list

100.6%

Above asking

What does the Great Falls housing market data show?

Current housing market statistics for Great Falls, SC
MetricValue
Median sale price$164,250
Average days on market226 days
Active inventory10 listings
Months of supply5.0 months
Sale-to-list price ratio100.6%
Median price per sq ft$63/sq ft
Homes sold (latest month)2
Listings with a price cut10.0%
Market conditionBalanced market

Source: Redfin · Updated monthly

How much do homes cost in Great Falls by property type?

How the Great Falls, SC market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Great Falls, SC
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$164,250$63/sq ft2226 days

Source: Redfin · Updated monthly

The Great Falls housing market is currently classified as a balanced market with a median sale price of $164,250. Prices have fallen 0.0% compared to last year, with homes spending an average of 226 days on market, indicating 5.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.9x provides context for how home values compare to local earning capacity.

Homes for sale in Great Falls

There are currently 10 homes listed for sale in Great Falls, South Carolina.

Active listings

10

Homes on market

Avg. days on market

226

Days until sale

Price drops:10.0%of listings
Sale-to-list:100.6%

Who lives in Great Falls?

Population

1,741

Median income

$30,475/yr

Median age

39.5 years

Owner-occupied

84.1%

College grads

9.6%

Avg commute

32.2 min

Source: U.S. Census Bureau ACS

What are homes worth in Great Falls?

Zillow home value

$149,219

Price-to-income

4.9x

Source: Zillow Research

What is it like to live in Great Falls?

Great Falls is a community of approximately 2K residents with a median age of 39.5 years.The median household income is $30,475, which represents a working-class community with solid middle-income opportunities. 9.6% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 84.1%, reflecting strong community stability and long-term resident commitment. The average commute time is 32.2 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Great Falls offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Great Falls?

2 schools tracked · 718 students

The largest public schools serving Great Falls, SC by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Great Falls High

Grades 6-12 · 377 students

Public

Great Falls Elementary

Grades PK-5 · 341 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Great Falls, SC?

Want a head-to-head view? Compare Great Falls side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Great Falls?

The median home sale price in Great Falls is $164,250, down 0.0% from last year.

How long do homes stay on market in Great Falls?

Homes typically spend 226 days on market before going under contract.

What is the median income in Great Falls?

The median household income is $30,475 per year.

Is Great Falls a buyer's or seller's market?

With 5.0 months of supply, Great Falls is currently a balanced market.

What is the Zillow home value estimate for Great Falls?

The Zillow Home Value Index (ZHVI) for Great Falls is $149,219, representing the typical home value in the area.

How much does a single-family home cost in Great Falls?

The median single-family home price in Great Falls, SC is $164,250 (about $63 per square foot).

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