Are There Homes For Sale In Fort Mill Sc Under $200,000?
The spirit of friendship and hospitality are some of the aspects that characterize the residents of Fort Mill, South Carolina. This small town holds a population of about 17,000 people that proudly carry the southern hospitality everywhere they go.
Part of their heritage goes way back in time, somewhere in the mid-1700s, when Thomas Spratt and his wife Elizebeth traveled to upper South Carolina. They ended up amongst the friendly Catawba Indians that offered them land to stay and live in the area. They were the first Caucasian couple that settled in Fort Mill and their descendants still live here.
This friendly place is also convenient because Fort Mill’s location near the border with North Carolina places it in the proximity of Charlotte and Rock Hill and to other major cities. The city's historical heritage and it’s convenient placement make the city of Fort Mill, South Carolina a desirable location to live in.
On top of that, the costs of living are close to the national average which makes it one of the cheapest places to live in South Carolina. Thanks to the job growth that the city has experienced over the past years, and its affordability many would consider Fort Mill, SC a good place to live.
How affordable is housing in Fort Mill, South Carolina?
As far as the cost of living goes, in Fort Mill, housing and transportation are the biggest expenses. On the other hand, healthcare, affordability, and accessibility make up for the other expenses. The biggest factor in the cost of living difference is housing.
US Data reports that between 2016 to 2017 the median property value was around $222,000 and ever since prices have increased. The median home value in Fort Mill according to Zillow in 2020 stands at around $313,000.
The average rent in Fort Mill is around $1,200 and the average apartment size is about 1,050 square feet. The rent prices vary based on unit type and rent prices range from $700 up to $2000. At $700 you would be able to get a studio apartment in Fort Mill and between the $1500 to $2000 range, you would find 3 or 4 bedroom apartments. Most commonly 86% of apartments rent at a price ranging between $1,000 to $1,500.
On the other hand, most homes in Fort Mill are priced between the $200,000 to $500,000 range and there are fewer listings as the prices go above the $500,000 price point. There are fewer homes for sale in Fort Mill, SC within the $200,000 range, but with the help of real estate agents in Fort Mill SC, you might be able to negotiate and drop the price under $200,000. Remember the price at which homes actually sell for is different than the price listed.
All around, housing in Fort Mill can be more expensive than bigger cities such as Charlotte. But, with all the advantages presented by the city of Fort Mill along with a friendly environment, moving here seems like a good option in the long term.
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