$5,283 Closing Credit*
$444,900
2,357 SqFt
3 Beds
•3 Full Baths
Preston Inglee, Listing Office: Century 21 Blackwell & Co
Is Fairmont Mills, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Fairmont Mills was a Buyer's Market.
Key Takeaway
Fairmont Mills is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Fairmont Mills, SC
How much do homes in Fairmont Mills, SC cost?
Median Sold Price
$300,225
$151/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$15,325(+5.4%)
Key Takeaway
Homes in Fairmont Mills have sold for 5.4% more than they did a year ago.
Summary: The median home sold price in Fairmont Mills was $300,225 in November 2024, up 5.4% from last year, and the median price per square foot was $151.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $307.5K | $222.5K | -27.6% |
| 3 Bedrooms | $259.9K | $260K | 0.0% |
| 4 Bedrooms | $329.9K | $320.6K | -2.8% |
| 5+ Bedrooms | $413.9K | $328.9K | -20.5% |
Summary: Fairmont Mills housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 27.6%, 3 bedroom homes did not change, 4 bedroom homes decreased by 2.8%, and 5+ bedroom homes decreased by 20.5%.
Housing Supply in Fairmont Mills, SC
How many homes are available in Fairmont Mills, SC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 157 | 164 | +4.5% |
Summary: The Fairmont Mills real estate market had 164 homes for sale in November 2024, a 4.5% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 5 | -16.7% |
| 3 Bedrooms | 92 | 99 | +7.6% |
| 4 Bedrooms | 44 | 47 | +6.8% |
| 5+ Bedrooms | 15 | 13 | -13.3% |
Summary: The Fairmont Mills housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 7.6%, 4 bedroom homes increased by 6.8%, and 5+ bedroom homes decreased by 13.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 18 | 33 | +83.3% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fairmont Mills, you may be able to get a good deal. 48.4% of homes here sold below asking price last month.
Summary: A total of 33 homes were sold or pending in Fairmont Mills in November 2024, up by 83.3% month-over-month. Of the 31 sold homes, 48% were sold under asking, 29% were sold at asking, and 23% were sold over asking.
Days on Market for Fairmont Mills, SC
How long does it take to sell a home in Fairmont Mills, SC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 14 Days | 73 Days | +394.5% |
Summary: Homes in Fairmont Mills had an average of 73 days on market in Nov 2024, up by 394.5% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Fairmont Mills are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 33 homes were sold in Fairmont Mills; 27% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
