Is Fairfax, SC 29827 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Fairfax is a seller’s market. With about 3.2 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply3.2Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list88.4%Sold price ÷ list price
Median days on market62Listing to accepted offer
Median price per sq ft$74▲ +58.7% vs. last year

The Fairfax housing market right now

In the three months ending August 31, 2026, 0% of homes in Fairfax, SC 29827 sold above their list price, the typical home went under contract in 62 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 3 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (94 days then) and the median sale price rose 28% to $204,911. Overall, Fairfax is more competitive than a year ago, so tougher for buyers.

Nearby, Allendale 29810 (17% sold over asking) is even more competitive.

Nearby markets

Allendale 29810Seller’s market $97 /sq ftUlmer 29849 $162 /sq ft Browse all markets →

Where Fairfax is

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Questions about Fairfax real estate

Is Fairfax a buyer’s or seller’s market?

A seller’s market: there were 3.2 months of supply in Fairfax, SC 29827 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Fairfax?

The typical home went under contract in 62 days in the latest three months.

Do homes in Fairfax sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 88.4% of the list price.

What are property taxes in Fairfax?

About 0.88% of a home’s value a year in Allendale County, or roughly $3,520 on a $400,000 home.

What is the median home price in Fairfax?

The median sale price was $204,911 in the three months ending August 31, 2026, about $74 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology