Is Rock Hill, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rock Hill is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Rock Hill has remained a Seller's Market.

Key Takeaway

Rock Hill is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Rock Hill, SC

How much do homes in Rock Hill, SC cost?

Median Sold Price

$336,453

$201/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$21,550(+6.8%)

Key Takeaway

Homes in Rock Hill have sold for 6.8% more than they did a year ago.

Summary: The median home sold price in Rock Hill was $336,453 in October 2024, up 6.8% from last year, and the median price per square foot was $201.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $169K$155K
-8.3%
2 $210K$216.6K
+3.2%
3 $309K$325.5K
+5.3%
4 $425K$472.5K
+11.2%
5+ $479.5K$515.9K
+7.6%

Summary: Rock Hill housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.3%, 2 bedroom homes increased by 3.2%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 11.2%, and 5+ bedroom homes increased by 7.6%.

Housing Supply in Rock Hill, SC

How many homes are available in Rock Hill, SC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
522536+2.7%

Summary: The Rock Hill real estate market had 536 homes for sale in October 2024, a 2.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 7779
+2.6%
3 299309
+3.3%
4 117115
-1.7%
5+ 2933
+13.8%

Summary: The Rock Hill 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 increased by 2.6%, 3 bedroom homes increased by 3.3%, 4 bedroom homes decreased by 1.7%, and 5+ bedroom homes increased by 13.8%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
115106-7.8%

Asking Price vs. Sold Price

62 Homes Were Sold
Under Asking

25 Homes Were Sold
At Asking

19 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rock Hill, you may be able to get a good deal. 58.5% of homes here sold below asking price last month.

Summary: A total of 106 homes were sold or pending in Rock Hill in October 2024, down by 7.8% month-over-month. Of the 106 sold homes, 58% were sold under asking, 24% were sold at asking, and 18% 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

Oct 2023Oct 2024CHANGE
30 Days36 Days+21.4%

Summary: Homes in Rock Hill had an average of 36 days on market in Oct 2024, up by 21.4% compared to last year.

Breakdown of Home Sale Times

60 Homes Were Sold
Under 30 Days

31 Homes Were Sold
In 30 - 90 Days

11 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 106 homes were sold in Rock Hill; 57% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 10% 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 16 Days Ago

Newest Listings in Rock Hill, SC

Nearby Markets to Rock Hill, SC