Is Rock Hill, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rock Hill is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Rock Hill has remained a Seller's Market.

Key Takeaway

Rock Hill is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Rock Hill, SC

How much do homes in Rock Hill, SC cost?

Median Sold Price

$319,986

$196/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$19,938(+6.6%)

Key Takeaway

Homes in Rock Hill have sold for 6.6% more than they did a year ago.

Summary: The median home sold price in Rock Hill was $319,986 in March 2024, up 6.6% from last year, and the median price per square foot was $196.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $120K$159.5K
+32.9%
2 $207.5K$210K
+1.2%
3 $300K$311.9K
+4.0%
4 $415K$425K
+2.4%
5+ $460K$500K
+8.7%

Summary: Rock Hill housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 32.9%, 2 bedroom homes increased by 1.2%, 3 bedroom homes increased by 4%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes increased by 8.7%.

Housing Supply in Rock Hill, SC

How many homes are available in Rock Hill, SC?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
418447+6.9%

Summary: The Rock Hill real estate market had 447 homes for sale in March 2024, a 6.9% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 6577
+18.5%
3 219233
+6.4%
4 110113
+2.7%
5+ 2323
0.0%

Summary: The Rock Hill housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 18.5%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
9996-3.0%

Asking Price vs. Sold Price

44 Homes Were Sold
Under Asking

29 Homes Were Sold
At Asking

23 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rock Hill, you may be able to get a good deal. 45.8% of homes here sold below asking price last month.

Summary: A total of 96 homes were sold or pending in Rock Hill in March 2024, down by 3.0% month-over-month. Of the 96 sold homes, 46% were sold under asking, 30% were sold at asking, and 24% were sold over asking.

Days on Market for Rock Hill, SC

How long does it take to sell a home in Rock Hill, SC?

Average Sale Time

Mar 2023Mar 2024CHANGE
41 Days34 Days-15.9%

Summary: Homes in Rock Hill had an average of 34 days on market in Mar 2024, down by 15.9% compared to last year.

Breakdown of Home Sale Times

58 Homes Were Sold
Under 30 Days

28 Homes Were Sold
In 30 - 90 Days

10 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 96 homes were sold in Rock Hill; 60% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 10% 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 15 Days Ago

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