Fort Mill, SC 29708 Real Estate Market Report

Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Market Metrics

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

Property Taxes

Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

Market Trends & Context

Key Findings

1. The market value indicator is the median sold price: 445,000, which represents the most reliable signal of recent transaction activity and should be the primary reference point for pricing decisions; given the market context, sellers should align expectations to this representative recent sale price rather than asking-price benchmarks.
2. There is a meaningful spread between median listing price: 590,000 and the median sold price, which suggests potential pricing friction and that seller expectations may exceed realized market values; adjusting offer strategies or pricing concessions may be necessary to close deals.
3. Liquidity appears softer, with median days on market: 108 indicating slower sales velocity relative to hotter markets; expect longer marketing windows and plan for extended holding costs or staged price adjustments when timing is critical.
4. Fundamental demand drivers show mixed signals: median market rent: 1,709 and a rent year-over-year trend of up support rental appetite, while broader indicators (market temperature: neutral and interest rate pressure: elevated) suggest a balanced market that may favor careful underwriting and conservative financing assumptions.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.