Is Fountain Inn, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fountain Inn is a buyer's market

Buyer's
Market

Difference Since February 2023

Since last year, Fountain Inn has remained a Buyer's Market.

Key Takeaway

Fountain Inn is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Fountain Inn, SC

How much do homes in Fountain Inn, SC cost?

Median Sold Price

$342,166

$148/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$47,166(+16.0%)

Key Takeaway

Homes in Fountain Inn have sold for 16% more than they did a year ago.

Summary: The median home sold price in Fountain Inn was $342,166 in February 2024, up 16% from last year, and the median price per square foot was $148.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 --
N/A
2 $239K$195K
-18.4%
3 $280K$281.9K
+0.7%
4 $445K$430K
-3.4%
5+ $369.9K$396.5K
+7.2%

Summary: Fountain Inn housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 18.4%, 3 bedroom homes increased by 0.7%, 4 bedroom homes decreased by 3.4%, and 5+ bedroom homes increased by 7.2%.

Housing Supply in Fountain Inn, SC

How many homes are available in Fountain Inn, SC?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
100113+13.0%

Summary: The Fountain Inn real estate market had 113 homes for sale in February 2024, a 13.0% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 33
0.0%
3 3841
+7.9%
4 3337
+12.1%
5+ 2632
+23.1%

Summary: The Fountain Inn housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 7.9%, 4 bedroom homes increased by 12.1%, and 5+ bedroom homes increased by 23.1%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
2115-28.6%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fountain Inn, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in Fountain Inn in February 2024, down by 28.6% month-over-month. Of the 14 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% were sold over asking.

Days on Market for Fountain Inn, SC

How long does it take to sell a home in Fountain Inn, SC?

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Fountain Inn are selling fast, if you're buying plan to act quickly.

Summary: During February 2024, 15 homes were sold in Fountain Inn; 7% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 27 Days Ago

Newest Listings in Fountain Inn, SC

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