Is Fountain Inn, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fountain Inn is a neutral's market

Buyer's
Market

Difference Since October 2023

Since last year, Fountain Inn has remained a Neutral Market.

Key Takeaway

Fountain Inn is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Fountain Inn, SC

How much do homes in Fountain Inn, SC cost?

Median Sold Price

$340,900

$143/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$2,000(-0.6%)

Key Takeaway

Homes in Fountain Inn have sold for 0.6% less than they did a year ago.

Summary: The median home sold price in Fountain Inn was $340,900 in October 2024, down 0.6% from last year, and the median price per square foot was $143.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $170K$195K
+14.7%
3 $293.7K$297K
+1.1%
4 $363.9K$339.9K
-6.6%
5+ $361K$390.4K
+8.1%

Summary: Fountain Inn housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14.7%, 3 bedroom homes increased by 1.1%, 4 bedroom homes decreased by 6.6%, and 5+ bedroom homes increased by 8.1%.

Median Sold Price Compared To Nearby Cities

Pelzer
+25.7%
Fountain Inn
-0.6%
Fountain Inn
-0.6%

Housing Supply in Fountain Inn, SC

How many homes are available in Fountain Inn, SC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
136138+1.5%

Summary: The Fountain Inn real estate market had 138 homes for sale in October 2024, a 1.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 33
0.0%
3 4549
+8.9%
4 4547
+4.4%
5+ 4339
-9.3%

Summary: The Fountain Inn housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes decreased by 9.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2922-24.1%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fountain Inn, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Summary: A total of 22 homes were sold or pending in Fountain Inn in October 2024, down by 24.1% month-over-month. Of the 21 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% were sold over asking.

Days on Market for Fountain Inn, SC

How long does it take to sell a home in Fountain Inn, SC?

Average Sale Time

Oct 2023Oct 2024CHANGE
39 Days62 Days+59.8%

Summary: Homes in Fountain Inn had an average of 62 days on market in Oct 2024, up by 59.8% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 22 homes were sold in Fountain Inn; 14% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 9% 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 20 Days Ago

Newest Listings in Fountain Inn, SC

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