Is Fairfield County, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fairfield County is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Fairfield County was a Seller's Market.

Key Takeaway

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

Housing Prices in Fairfield County, SC

How much do homes in Fairfield County, SC cost?

Median Sold Price

$255,000

$128/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$82,000(-24.3%)

Key Takeaway

Homes in Fairfield County have sold for 24.3% less than they did a year ago.

Summary: The median home sold price in Fairfield County was $255,000 in April 2024, down 24.3% from last year, and the median price per square foot was $128.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $20K-
N/A
2 $380K$84.6K
-77.7%
3 $241.5K$237.5K
-1.7%
4 $644.5K$290K
-55.0%
5+ $250K$366K
+46.4%

Summary: Fairfield County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 77.7%, 3 bedroom homes decreased by 1.7%, 4 bedroom homes decreased by 55%, and 5+ bedroom homes increased by 46.4%.

Median Sold Price Compared To Nearby Counties

Union County
+6.5%
Chester County
+5.5%
Fairfield County
-24.3%

Housing Supply in Fairfield County, SC

How many homes are available in Fairfield County, SC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
4562+37.8%

Summary: The Fairfield County real estate market had 62 homes for sale in April 2024, a 37.8% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 1112
+9.1%
3 1623
+43.8%
4 914
+55.6%
5+ 812
+50.0%

Summary: The Fairfield County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 9.1%, 3 bedroom homes increased by 43.8%, 4 bedroom homes increased by 55.6%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
03+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fairfield County, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Fairfield County in April 2024, up by 100.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Fairfield County, SC

How long does it take to sell a home in Fairfield County, SC?

Average Sale Time

Apr 2023Apr 2024CHANGE
56 Days2 Days-95.8%

Summary: Homes in Fairfield County had an average of 2 days on market in Apr 2024, down by 95.8% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 3 homes were sold in Fairfield County; 100% of homes were sold within 30 days, 0% 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 3 Days Ago

Newest Listings in Fairfield County, SC

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