Five Forks, SC
Housing market overview · Updated weekly
$437,350median sale price
Homes sold
13
Last 12 weeks
Days on market
96
Average pace
Active listings
62
4.8 months supply
Sale-to-list
98.0%
Below asking
Five Forks, SC housing market analysis
The Five Forks housing market is currently classified as a leaning buyer's with a median sale price of $437,350. Prices have decreased 31.7% compared to last year, which may signal a cooling market and potentially favorable conditions for buyers looking to enter. Homes in Five Forks spend an average of 96 days on market before going under contract, which is above average, giving buyers more time to evaluate properties and negotiate favorable terms.
With 4.8 months of supply, Five Forks is approaching equilibrium. Neither buyers nor sellers hold a decisive advantage, which creates an environment where thoughtful negotiations and fair pricing tend to produce successful transactions for both parties. The average sale-to-list price ratio stands at 98.0%, meaning homes are selling below asking price on average, suggesting room for negotiation.
There are currently 62 active listings in Five Forks, providing a very limited selection that intensifies competition among buyers. New listings coming to market totaled 21 in the most recent period, which indicates healthy turnover and fresh opportunities for buyers. Monitoring inventory trends over time provides one of the best leading indicators of where prices are headed. Rising inventory typically precedes price moderation, while declining inventory often signals continued price appreciation.
Whether you're a first-time homebuyer evaluating Five Forks as a place to put down roots, an investor analyzing cash flow potential, or a current homeowner tracking your equity position, understanding these market dynamics is essential for making well-timed, data-informed decisions. Compare Five Forks with nearby markets using our city comparison tool, or estimate your monthly costs with our mortgage calculator.
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Frequently asked questions
What is the average home price in Five Forks?
The median home sale price in Five Forks is $437,350, down 31.7% from last year.
How long do homes stay on market in Five Forks?
Homes typically spend 96 days on market before going under contract.
Is Five Forks a buyer's or seller's market?
With 4.8 months of supply, Five Forks is currently a leaning buyer's.
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