Is Fort Mill, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fort Mill is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Fort Mill has remained a Seller's Market.

Key Takeaway

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

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

+$10,212(+2.1%)

Key Takeaway

Homes in Fort Mill have sold for 2.1% more than they did a year ago.

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

# BEDSApr 2023Apr 2024CHANGE
1 $139.9K$155K
+10.8%
2 $311.5K$362.5K
+16.4%
3 $380K$401.3K
+5.6%
4 $563.5K$575K
+2.0%
5+ $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
+2.1%
Van Wyck
-0.8%

Housing Supply in Fort Mill, SC

How many homes are available in Fort Mill, SC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
509564+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

# BEDSMar 2024Apr 2024CHANGE
1 21
-50.0%
2 8478
-7.1%
3 205218
+6.3%
4 121147
+21.5%
5+ 97120
+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 2024Apr 2024CHANGE
152148-2.6%

Asking Price vs. Sold Price

69 Homes Were Sold
Under Asking

34 Homes Were Sold
At Asking

45 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fort Mill, you may be able to get a good deal. 46.6% of homes here sold below asking price last month.

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 2023Apr 2024CHANGE
25 Days21 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

Breakdown of Home Sale Times

Key Takeaway

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

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.

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 Fort Mill, SC

Nearby Markets to Fort Mill, SC

What housing markets are near Fort Mill, SC?