$3,117 Closing Credit*
$262,500
3 Beds
•2 Full Baths, 1 Partial
Alex Crigler, Listing Office: BHHS C Dan Joyner - Midtown
Is Fountain Inn, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
At the same time last year, Fountain Inn was a Neutral Market.
Key Takeaway
Fountain Inn is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Fountain Inn, SC
How much do homes in Fountain Inn, SC cost?
Median Sold Price
$349,900
$148/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since August 2023.
Key Takeaway
The sold price of homes in Fountain Inn has remained the same since last year.
Summary: The median home sold price in Fountain Inn was $349,900 in August 2024, the same as last year, and the median price per square foot was $148.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $170K | $190K | +11.8% |
| 3 Bedrooms | $291.6K | $310.2K | +6.4% |
| 4 Bedrooms | $437.1K | $340K | -22.2% |
| 5+ Bedrooms | $363.5K | $387.9K | +6.7% |
Summary: Fountain Inn housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.8%, 3 bedroom homes increased by 6.4%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes increased by 6.7%.
Median Sold Price Compared To Nearby Cities
| Pelzer | $271.5K | $329.9K | +21.5% |
| Fountain Inn | $349.9K | $349.9K | 0.0% |
| Fountain Inn | $349.9K | $348.5K | -0.4% |
Housing Supply in Fountain Inn, SC
How many homes are available in Fountain Inn, SC?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 172 | 162 | -5.8% |
Summary: The Fountain Inn real estate market had 162 homes for sale in August 2024, a 5.8% decrease compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 3 | +200.0% |
| 3 Bedrooms | 51 | 56 | +9.8% |
| 4 Bedrooms | 58 | 52 | -10.3% |
| 5+ Bedrooms | 62 | 51 | -17.7% |
Summary: The Fountain Inn housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 200%, 3 bedroom homes increased by 9.8%, 4 bedroom homes decreased by 10.3%, and 5+ bedroom homes decreased by 17.7%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 42 | 36 | -14.3% |
Asking Price vs. Sold Price
22 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fountain Inn, you may be able to get a good deal. 62.9% of homes here sold below asking price last month.
Summary: A total of 36 homes were sold or pending in Fountain Inn in August 2024, down by 14.3% month-over-month. Of the 35 sold homes, 63% were sold under asking, 29% were sold at asking, and 9% were sold over asking.
Days on Market for Fountain Inn, SC
How long does it take to sell a home in Fountain Inn, SC?
Average Sale Time
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 43 Days | 14 Days | -65.6% |
Summary: Homes in Fountain Inn had an average of 14 days on market in Aug 2024, down by 65.6% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Fountain Inn are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 36 homes were sold in Fountain Inn; 22% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
