Is Fort Mill, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Fort Mill has remained a Seller's Market.
Housing Prices in Fort Mill, SC
How much do homes in Fort Mill, SC cost?
Median Sold Price
$485,212
$214/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Fort Mill was $485,212 in April 2024, up 2.1% from last year, and the median price per square foot was $214.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $139.9K | $155K | +10.8% |
2 Bedrooms | $311.5K | $362.5K | +16.4% |
3 Bedrooms | $380K | $401.3K | +5.6% |
4 Bedrooms | $563.5K | $575K | +2.0% |
5+ Bedrooms | $688.7K | $719.6K | +4.5% |
Summary: Fort Mill housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.8%, 2 bedroom homes increased by 16.4%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 2%, and 5+ bedroom homes increased by 4.5%.
Median Sold Price Compared To Nearby Cities
Fort Mill | $475K | $485.2K | +2.1% |
Van Wyck | $504K | $500K | -0.8% |
Housing Supply in Fort Mill, SC
How many homes are available in Fort Mill, SC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
509 | 564 | +10.8% |
Summary: The Fort Mill real estate market had 564 homes for sale in April 2024, a 10.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 84 | 78 | -7.1% |
3 Bedrooms | 205 | 218 | +6.3% |
4 Bedrooms | 121 | 147 | +21.5% |
5+ Bedrooms | 97 | 120 | +23.7% |
Summary: The Fort Mill housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 7.1%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 21.5%, and 5+ bedroom homes increased by 23.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
152 | 148 | -2.6% |
Asking Price vs. Sold Price
69 Homes Were Sold
Under Asking
34 Homes Were Sold
At Asking
45 Homes Were Sold
Over Asking
Summary: A total of 148 homes were sold or pending in Fort Mill in April 2024, down by 2.6% month-over-month. Of the 148 sold homes, 47% were sold under asking, 23% were sold at asking, and 30% were sold over asking.
Days on Market for Fort Mill, SC
How long does it take to sell a home in Fort Mill, SC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
25 Days | 21 Days | -15.0% |
Summary: Homes in Fort Mill had an average of 21 days on market in Apr 2024, down by 15% compared to last year.
Breakdown of Home Sale Times
112 Homes Were Sold
Under 30 Days
28 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During April 2024, 148 homes were sold in Fort Mill; 76% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.