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 November 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

$497,209

$222/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$17,851(+3.7%)

Key Takeaway

Homes in Fort Mill have sold for 3.7% more than they did a year ago.

Summary: The median home sold price in Fort Mill was $497,209 in November 2024, up 3.7% from last year, and the median price per square foot was $222.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $138.4K$155K
+12.0%
2 $350K$375K
+7.1%
3 $395.1K$414.8K
+5.0%
4 $575K$593.7K
+3.3%
5+ $696.1K$749.1K
+7.6%

Summary: Fort Mill housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12%, 2 bedroom homes increased by 7.1%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes increased by 7.6%.

Median Sold Price Compared To Nearby Cities

Fort Mill
+3.7%
Van Wyck
+3.6%

Housing Supply in Fort Mill, SC

How many homes are available in Fort Mill, SC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
624568-9.0%

Summary: The Fort Mill real estate market had 568 homes for sale in November 2024, a 9.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 9795
-2.1%
3 249226
-9.2%
4 169148
-12.4%
5+ 10898
-9.3%

Summary: The Fort Mill 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 2.1%, 3 bedroom homes decreased by 9.2%, 4 bedroom homes decreased by 12.4%, and 5+ bedroom homes decreased by 9.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
167118-29.3%

Asking Price vs. Sold Price

69 Homes Were Sold
Under Asking

32 Homes Were Sold
At Asking

17 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. 58.5% of homes here sold below asking price last month.

Summary: A total of 118 homes were sold or pending in Fort Mill in November 2024, down by 29.3% month-over-month. Of the 118 sold homes, 58% were sold under asking, 27% were sold at asking, and 14% 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

Nov 2023Nov 2024CHANGE
26 Days41 Days+54.1%

Summary: Homes in Fort Mill had an average of 41 days on market in Nov 2024, up by 54.1% compared to last year.

Breakdown of Home Sale Times

63 Homes Were Sold
Under 30 Days

39 Homes Were Sold
In 30 - 90 Days

14 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 November 2024, 118 homes were sold in Fort Mill; 53% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 12% 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 17 Days Ago

Newest Listings in Fort Mill, SC

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