Maurice Barnes' Market Report

Fort Mill, SC

Single-Family Homes

Keller Williams Realty | 704-610-4112 | maurice.barnes@kw.com



Fort Mill, SC

Sat Mar 02 2024
This week the median list price for Fort Mill, SC is $589,000 with the market action index hovering around 48. This is about the same as last month's market action index of 48. Inventory has increased to 133. Click here to stay informed with the Fort Mill market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Fort Mill, SC

Sat Mar 02 2024
This week the median list price for Fort Mill, SC is $589,000 with the market action index hovering around 48. This is about the same as last month's market action index of 48. Inventory has increased to 133. Click here to stay informed with the Fort Mill market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Fort Mill market.
Median List Price $589,000
Median Price of New Listings $592,500
Per Square Foot $240
Average Days on Market 61
Median Days on Market 28
Price Decreased 32%
Price Increased 8%
Relisted 5%
Inventory 133
Median Rent
Market Action 48
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$949,000 4,094 0.25 - 0.5 acre 4 4 17 6 1 49
$650,000 2,950 8,000 - 10,000 sqft 4 3 10 9 2 14
$499,000 2,100 6,500 - 8,000 sqft 3 2.5 10 11 4 21
$394,000 1,527 6,500 - 8,000 sqft 3 2 17 4 1 28