Your Anderson, SC Real Estate Guide: Market Trends, Mortgage Prep, and What to Expect in 2025

Welcome to Anderson, SC — A Growing Market with Heart

Nestled in the Upstate region of South Carolina, Anderson blends southern charm, lake life, and a welcoming sense of community that continues to attract both first-time buyers and seasoned homeowners. Whether you're drawn by affordability, family-friendly neighborhoods, or easy access to Lake Hartwell and Clemson, now is a great time to explore what the Anderson market has to offer.

As your local Realtor rooted in community and driven by connection, I’m here to help you understand market trends, prepare for the home buying process, and take confident steps toward your next move—with the right partners by your side.

What’s Happening in the Anderson, SC Real Estate Market?

As of May 2025, the Anderson County market continues to see steady demand. While inventory has grown slightly over the past 6 months, homes in desirable school zones or near Downtown Anderson and Lake Hartwell are still moving quickly.

• Average Days on Market: 21–30 days (well-priced homes sell faster)

• Average Home Price: $249,000–$265,000 for starter homes

• Popular Neighborhoods: Brookstone Meadows, Wren School District, and homes near Hwy 81

Buyers who are flexible and prepared can still find great value, especially in areas just outside the city center.

Interest Rates in 2025: What Buyers Need to Know

Interest rates in 2025 have remained in the 6.25% to 6.75% range for many fixed 30-year mortgage products. While that may seem high compared to the ultra-low rates of 2020–2021, they’re still historically moderate—and your buying power depends more on your preparation than the number alone.

Working with a lender early in the process will help you:

• Lock in a rate when it makes sense

• Understand your monthly payment with taxes and insurance

• Explore buying power based on your income and debt profile

One of the most important first steps in buying a home is getting pre-approved. This shows sellers you’re serious and gives you a clear idea of your budget.

Most of my first-time buyers in Anderson start shopping with a pre-approval in hand around the $225,000–$265,000range, depending on down payment assistance, debt, and credit.

Here’s what you’ll need to get pre-approved:

• Recent pay stubs (typically 30 days)

• W2s or tax returns (2 years)

• Bank statements

• A copy of your ID

• Social Security Number for credit check

 Meet My Preferred Lending Partners

To help you navigate the mortgage process with confidence, I work with trusted local lenders who offer competitive rates, transparency, and exceptional service.

🏦 New Story Lending

New Story Lending takes a hands-on approach to educating clients. Whether you’re working on improving your credit or ready to buy, their team walks through every step—from soft pull pre-approvals to full underwriting.

Their process:

• Initial consultation and credit analysis

• Review of loan options (FHA, Conventional, USDA, VA)

• Personalized strategy to improve buying power

• Access to credit repair tools (when needed)

🏦 Park National Bank

Park National is known for its community-first approach and tailored programs. They help clients looking to build or buy in Anderson and surrounding areas with consistent communication and flexible programs.

What stands out:

• Fixed and adjustable-rate loan options

• First-time homebuyer programs

• In-house underwriting and local closings

🏦 PrimeLending

PrimeLending offers speed and innovation, with a digital process that allows buyers to apply, upload, and track everything from their phone. They’re great for buyers who want quick turnaround and strategic advice.

Their advantage:

• Quick pre-approvals (usually within 24 hours)

• Detailed breakdown of closing costs

• Access to down payment assistance and closing cost grants

Each lender also provides tools and insight to help you work on credit repair if needed—often built into the process at no cost to you.

Many buyers think they have to wait until they have a “perfect” credit score to buy a home. That’s simply not true. Depending on the loan program, you may qualify for a home with a score as low as 580—though 620 and above opens up more affordable options.

That’s where having the right lender and agent matters. We work together to help you:

• Understand your credit report

• Strategize improvements (like reducing debt or increasing limits)

• Time your purchase to take advantage of score boosts

Even small improvements in credit can make a big difference in your monthly mortgage.

Hi, I’m Nakeshia Shannon, a local Realtor and Anderson native who believes that buying or selling a home is more than just a transaction—it’s a transformational experience. I bring heart, strategy, and real-life support to each client I work with.

Here’s how I’ll walk with you through every step of the journey:

1. One-on-One Consultation

We’ll discuss your needs, wants, budget, and timeline. I’ll connect you with the right lender and help you build a custom action plan.

2. Home Search Strategy

From local tours to digital property previews, I help you filter the noise and focus on homes that fit your lifestyle and goals.

3. Offer Writing & Negotiation

I’ll use market data and negotiation skills to make sure your offer stands out—without going over your budget.

4. Inspections, Appraisals, and Closing

I stay connected through every phase, guiding you through the inspection process, appraisal review, and all the way to the keys in your hand.

Whether it’s your first home or your fifth, I bring patience, experience, and care to the table—ensuring your journey is smooth and empowered.

 Let’s Talk About Timeline

Here’s a quick look at the timeline once you're pre-approved:

Every transaction is unique, but this gives you a general idea of what to expect when we work together.

 Resources You’ll Have Access To:

When you work with me, I’ll also connect you to:

• Local contractors for renovation estimates

• Insurance agents for home quotes

• Attorneys and closing coordinators

• Inspectors, appraisers, and repair specialists

Buying a home should feel exciting—not overwhelming. With me, you’ll have a team of professionals working behind the scenes to make it happen.

 Start Where You Are

You don’t have to have it all figured out to get started. The first step is a conversation. From there, I’ll help you build a plan, introduce you to the right partners, and take things one step at a time.

If you’re thinking about buying in Anderson, South Carolina—whether this year or next—let’s chat. The sooner you start planning, the more empowered you’ll feel when it’s time to make your move.

Let’s Connect

Rooted in Community. Driven by Connection. Ready to help you find home.