Is Fountain Inn, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Fountain Inn has remained a Seller's Market.
Housing Prices in Fountain Inn, SC
How much do homes in Fountain Inn, SC cost?
Median Sold Price
$361,590
$143/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Fountain Inn was $361,590 in May 2024, up 8% from last year, and the median price per square foot was $143.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $246K | $195K | -20.7% |
3 Bedrooms | $290K | $290.8K | 0.3% |
4 Bedrooms | $445.6K | $424K | -4.9% |
5+ Bedrooms | $363.5K | $399.9K | +10.0% |
Summary: Fountain Inn housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 20.7%, 3 bedroom homes increased by 0.3%, 4 bedroom homes decreased by 4.9%, and 5+ bedroom homes increased by 10%.
Median Sold Price Compared To Nearby Cities
Fountain Inn | $334.9K | $361.5K | +8.0% |
Fountain Inn | $328.4K | $349.9K | +6.5% |
Woodville | $382.5K | $405K | +5.9% |
Pelzer | $274K | $285K | +4.0% |
Housing Supply in Fountain Inn, SC
How many homes are available in Fountain Inn, SC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
155 | 173 | +11.6% |
Summary: The Fountain Inn real estate market had 173 homes for sale in May 2024, a 11.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 48 | 52 | +8.3% |
4 Bedrooms | 62 | 69 | +11.3% |
5+ Bedrooms | 43 | 50 | +16.3% |
Summary: The Fountain Inn housing inventory by bedroom type for May 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 8.3%, 4 bedroom homes increased by 11.3%, and 5+ bedroom homes increased by 16.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
27 | 43 | +59.3% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
21 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 43 homes were sold or pending in Fountain Inn in May 2024, up by 59.3% month-over-month. Of the 43 sold homes, 44% were sold under asking, 49% were sold at asking, and 7% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
97 Days | 83 Days | -14.7% |
Summary: Homes in Fountain Inn had an average of 83 days on market in May 2024, down by 14.7% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During May 2024, 43 homes were sold in Fountain Inn; 12% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.