$3,016 Closing Credit*
$254,000
1,206 SqFt
2 Beds
•2 Full Baths, 1 Partial
Listing Office: Keller Williams Ballantyne Area
Is Fort Mill, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$494,008
$222/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$13,509(+2.8%)
Key Takeaway
Homes in Fort Mill have sold for 2.8% more than they did a year ago.
Summary: The median home sold price in Fort Mill was $494,008 in October 2024, up 2.8% from last year, and the median price per square foot was $222.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $138.4K | $155K | +12.0% |
| 2 Bedrooms | $344K | $375K | +9.0% |
| 3 Bedrooms | $392.5K | $414.7K | +5.7% |
| 4 Bedrooms | $575K | $591.9K | +2.9% |
| 5+ Bedrooms | $695.7K | $747.1K | +7.4% |
Summary: Fort Mill housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12%, 2 bedroom homes increased by 9%, 3 bedroom homes increased by 5.7%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes increased by 7.4%.
Median Sold Price Compared To Nearby Cities
| Van Wyck | $500K | $514.3K | +2.9% |
| Fort Mill | $480.4K | $494K | +2.8% |
Housing Supply in Fort Mill, SC
How many homes are available in Fort Mill, SC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 635 | 631 | -0.6% |
Summary: The Fort Mill real estate market had 631 homes for sale in October 2024, a 0.6% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 88 | 96 | +9.1% |
| 3 Bedrooms | 259 | 246 | -5.0% |
| 4 Bedrooms | 187 | 177 | -5.3% |
| 5+ Bedrooms | 99 | 111 | +12.1% |
Summary: The Fort Mill housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 9.1%, 3 bedroom homes decreased by 5%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes increased by 12.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 165 | 157 | -4.8% |
Asking Price vs. Sold Price
86 Homes Were Sold
Under Asking
46 Homes Were Sold
At Asking
25 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fort Mill, you may be able to get a good deal. 54.8% of homes here sold below asking price last month.
Summary: A total of 157 homes were sold or pending in Fort Mill in October 2024, down by 4.8% month-over-month. Of the 157 sold homes, 55% were sold under asking, 29% were sold at asking, and 16% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 22 Days | 29 Days | +28.6% |
Summary: Homes in Fort Mill had an average of 29 days on market in Oct 2024, up by 28.6% compared to last year.
Breakdown of Home Sale Times
100 Homes Were Sold
Under 30 Days
45 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Fort Mill are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 157 homes were sold in Fort Mill; 64% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
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