Is Rock Hill, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Rock Hill has remained a Seller's Market.
Housing Prices in Rock Hill, SC
How much do homes in Rock Hill, SC cost?
Median Sold Price
$321,555
$198/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Rock Hill was $321,555 in May 2024, up 5% from last year, and the median price per square foot was $198.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $157.5K | $155K | -1.6% |
2 Bedrooms | $208K | $212K | +1.9% |
3 Bedrooms | $300K | $314.9K | +5.0% |
4 Bedrooms | $410K | $434.7K | +6.0% |
5+ Bedrooms | $466.9K | $508K | +8.8% |
Summary: Rock Hill housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.6%, 2 bedroom homes increased by 1.9%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 6%, and 5+ bedroom homes increased by 8.8%.
Housing Supply in Rock Hill, SC
How many homes are available in Rock Hill, SC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
483 | 537 | +11.2% |
Summary: The Rock Hill real estate market had 537 homes for sale in May 2024, a 11.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 81 | 79 | -2.5% |
3 Bedrooms | 255 | 294 | +15.3% |
4 Bedrooms | 120 | 135 | +12.5% |
5+ Bedrooms | 26 | 27 | +3.8% |
Summary: The Rock Hill housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 2.5%, 3 bedroom homes increased by 15.3%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 3.8%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
124 | 132 | +6.5% |
Asking Price vs. Sold Price
57 Homes Were Sold
Under Asking
42 Homes Were Sold
At Asking
33 Homes Were Sold
Over Asking
Summary: A total of 132 homes were sold or pending in Rock Hill in May 2024, up by 6.5% month-over-month. Of the 132 sold homes, 43% were sold under asking, 32% were sold at asking, and 25% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
21 Days | 28 Days | +30.4% |
Summary: Homes in Rock Hill had an average of 28 days on market in May 2024, up by 30.4% compared to last year.
Breakdown of Home Sale Times
88 Homes Were Sold
Under 30 Days
27 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Summary: During May 2024, 132 homes were sold in Rock Hill; 67% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.