Should You Wait to Buy on Lake Keowee 2025?

by Eric Stegall

Should You Wait to Buy on Lake Keowee?

Thinking about buying in the next year or two? Timing matters.

Lake Keowee Real Estate Market: 2025 Overview

 

As of early 2025, Lake Keowee's real estate market remains strong—especially for waterfront and golf course properties. The median sales price for single-family homes reached $1,987,500 in February 2025, reflecting a 4.1% increase year-over-year.

Key Market Drivers

  • Low Inventory: New listings are limited. Most buildable waterfront lots have already been developed, driving prices up.
  • High Demand: Buyers are drawn to Lake Keowee for its clean water, mountain views, and proximity to Greenville, Charlotte, and Atlanta.
  • Steady State Growth: South Carolina's overall housing market is experiencing low supply and moderate appreciation—Lake Keowee is no exception.

Should You Buy Now or Wait?

Reasons to Buy Now:

  • Homes are appreciating—buy now and benefit from future equity.
  • Today’s market offers some negotiating power compared to past years.
  • Mortgage rates may rise in late 2025, affecting your long-term cost.

Reasons to Wait:

  • Waiting may yield more inventory as homeowners decide to sell.
  • Market adjustments are possible, though unlikely in the short term.

Expert Advice: Make a Move Based on Your Goals

There’s no perfect time to buy a home, only the right time for you. If you’re financially ready and find a property that fits your needs, buying now may be a smart move.

If you’re more flexible, consider watching the market through a trusted local expert who understands pricing trends and opportunities on Lake Keowee waterfront and golf course homes.

Need Help Navigating the Market?

Hi, I’m Eric Stegall — your Lake Keowee real estate pro. I help buyers make smart, informed decisions in today’s dynamic market. Let’s talk about your goals and see if now is the right time for you to buy.

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Eric Stegall

Broker | License ID: 27608

+1(864) 903-5719

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