Tega Cay Home Prices: The Trailing 12 Months
Source: Home Grown Property Group's own Canopy MLS data mirror. Closed and active single family homes in Tega Cay, SC only. Trailing twelve months compared to the prior twelve months. Pulled September 15, 2026.
Tega Cay is moving in the opposite direction from Fort Mill this year. The trailing twelve month median of $640,000 is up from $610,000 in the twelve months before that, a gain of about 4.9%, while Fort Mill's median slipped slightly over the same stretch. That divergence is not noise. Tega Cay is a small, largely built out peninsula on Lake Wylie, and there simply is not much new supply to absorb rising demand.
That scarcity shows up directly in the numbers: only 44 active single family listings against roughly 16 closings a month works out to about 2.8 months of supply, tighter than Fort Mill's already lean 2.5 months. Homes still take a median of 32 days to sell, the same pace as Indian Land, which is typical for a smaller market with fewer transactions to smooth out timing.
Why Tega Cay Costs More: Schools, the Lake, and Scarce Land
Three structural factors stack together here, and none of them are going away soon.
The same number one ranked school district as Fort Mill
Tega Cay is served by York County School District 4, which is Fort Mill School District under its official name. That means Tega Cay shares the same district that was ranked number one in South Carolina and in the top 1% nationally in Niche's 2026 rankings, the identical schools driver that helps hold up prices a few miles away in Fort Mill itself.
A lakefront peninsula with resort style amenities
Tega Cay sits on Lake Wylie with marinas, golf, and a country club built into the community's original master plan. Waterfront and near waterfront access is a scarce, non-replicable amenity in this market, and it commands a premium almost anywhere it shows up.
Very little land left to build on
Unlike Fort Mill or Indian Land, which still have meaningful new construction pipelines, Tega Cay is largely built out. That is the direct explanation for why active inventory here (44 listings) is a small fraction of Fort Mill's (268), and why price has kept climbing even as the broader region has cooled.
South Carolina's 4% owner occupied tax rate
Tega Cay benefits from the same statewide mechanism as Fort Mill and Rock Hill: South Carolina assesses an owner occupied legal residence at a 4% ratio, versus 6% for a second home or investment property. At Tega Cay's higher price point the percentage advantage still applies, though the dollar gap versus a comparable Charlotte home narrows somewhat as the purchase price rises. The exact figure still depends on the specific county and municipal millage rate.
Tega Cay vs. Fort Mill, Indian Land, and Charlotte
These four figures come from the same MLS mirror, the same property type filter, and the same trailing twelve month window, so they are directly comparable to each other rather than stitched together from different sources with different methodologies.
| Market | Median Closed Price | Median Days on Market | Closed Sales (12 mo) |
|---|---|---|---|
| Tega Cay, SC | $640,000 | 32 | 189 |
| Indian Land, SC | $580,000 | 32 | 294 |
| Fort Mill, SC | $560,000 | 24 | 1,268 |
| Charlotte, NC | $380,000 | 21 | 11,336 |
Single family closed sales, trailing twelve months, same MLS mirror and methodology across all four markets. Pulled September 15, 2026.
Tega Cay is the smallest and priciest of the three SC markets covered here, with barely a sixth of Fort Mill's transaction volume but the highest median price of the group.
Mortgage Rates and Affordability
The 30 year fixed rate was running right around 6.9% to 7.0% as of mid September 2026. At Tega Cay's higher price point, that rate environment makes the monthly payment gap versus Fort Mill or Indian Land more noticeable than it might be at a lower price tier, which is part of why buyers here tend to be more motivated by the lake, the schools, or both, rather than pure affordability.
Tega Cay Housing Market Questions, Answered
What is the median home price in Tega Cay, SC right now?
Tega Cay, SC single family homes closed at a median price of $640,000 over the trailing twelve months, based on closed sales in the Canopy MLS. That is a snapshot of a full year of closings, not a single month, so it smooths out normal seasonal swings, and it makes Tega Cay the highest priced of the Charlotte area's SC border markets.
Are home prices rising or falling in Tega Cay, SC?
Rising. The trailing twelve month median of $640,000 is up about 4.9 percent from the $610,000 median in the prior twelve month period, bucking the modest pullback seen in nearby Fort Mill this year. Thin lakefront inventory is a big part of why.
How many days does it take to sell a home in Tega Cay, SC?
The median is 32 days on market over the trailing twelve months, the same pace as Indian Land and a bit slower than Fort Mill's 24 days, which is typical for a smaller, higher priced market with fewer transactions.
Is Tega Cay a buyer's market or a seller's market in 2026?
At roughly 2.8 months of supply, with only 44 active single family listings against about 16 closings a month, Tega Cay leans firmly toward sellers. A balanced market is typically considered 5 to 6 months of supply, and Tega Cay's inventory is thin even by the standards of its already tight SC neighbors.
Why does Tega Cay carry the highest price of the SC border markets?
Three things stack together. Tega Cay is a lakefront peninsula community on Lake Wylie with resort style amenities and golf, it is served by the same number one ranked Fort Mill School District as Fort Mill itself, and there is very little land left to build on, so active inventory runs a fraction of Fort Mill's. Scarce, lake adjacent, top-district land is a combination that supports a premium almost anywhere it shows up, and Tega Cay is a clean example of it.
Do South Carolina property taxes make Tega Cay cheaper than a similar home in Charlotte, NC?
Often, yes, for an owner occupied primary residence, on a percentage basis. South Carolina assesses an owner occupied legal residence at a 4 percent ratio, versus 6 percent for a second home or investment property, the same statewide mechanism that benefits Fort Mill and Rock Hill. Tega Cay's higher purchase price narrows the dollar gap versus Charlotte, but the underlying 4 percent versus 6 percent advantage still applies, and the exact figure depends on the specific county and municipal millage rate.
How does Tega Cay compare to Fort Mill and Indian Land?
Over the trailing twelve months, Tega Cay's single family median closed price is $640,000, against $580,000 in Indian Land and $560,000 in Fort Mill. Tega Cay and Indian Land both sell in a median of 32 days, slower than Fort Mill's 24, but Tega Cay has by far the smallest number of closings of the three at 189 over twelve months.
Where does this Tega Cay housing market data come from?
Every price, days on market, and inventory figure on this page comes directly from Home Grown Property Group's own Canopy MLS data mirror, filtered to closed and active single family homes in Tega Cay, SC, pulled September 15, 2026. It is not blended from third party estimate sites, so it reflects what actually closed rather than an algorithmic guess.