May 2025 Fort Mill, SC Housing Market
Prices, Sales, Inventory, Days on Market Trends
In May 2025, Fort Mill home sales rose a third consecutive month, jumping 22.73% to 189 from 154 in April. Compared with May 2024, sales were up 35%. Sales were at their highest level in three years. New listings increased a fifth consecutive month, rising 14.47% from April and 48.81% year-over-year reaching 261—higher than May 2023 as well. Inventory climbed for the sixth month in a row, up 11.26% from April to 573--the highest level in three years.
Despite the rise in listings and inventory, months supply of inventory declined to 3.03 from 3.35, keeping Fort Mill a home seller's market. Average days on market declined to 37 days, but were 12 days longer than one year ago.
The May 2025 list-to-sale price ratio remained flat at 99.42% both month-over-month and year-over-year, leaving little room for buyer negotiation.
The average sale price in May was $595,234, up 3.5% from April and up 5.9% from May 2024. The median sale price increased 7.57% month-over-month to $496,8900 and increased 9.08% from May 2024. Both median and average sale prices were the highest for any May in the past three years. Price per square foot was $227, down 2.16% from the prior month and down 6.97% year-over-year.
Fort Mill Real Estate May 2025 Trends
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This Greater Charlotte, North Carolina real estate monthly update for Fort Mill, SC is provided by Nina Hollander, Coldwell Banker Realty, Greater Charlotte area residential real estate expert and Fort Mill specialist. I've been opening doors for Fort Mill home buyers and sellers since 1999.
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PREVIOUS 2025 FORT MILL REAL ESTATE REPORTS
FORT MILL REAL ESTATE: APRIL 2025
FORT MILL REAL ESTATE: MARCH 2025
FORT MILL REAL ESTATE: FEBRUARY 2025
FORT MILL REAL ESTATE: JANUARY 2025
Read the original post on the Fort Mill housing market in May at www.GreatHomesInCharlotte.com
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