Indian Land Real Estate February 2025

NEW LISTINGS IN INDIAN LAND UP

New listings in February 2025 increased to 80, up 19.4% from 67 in the previous month of January. Compared with February 2024, new listings were 1.27% higher versus 79 listings. Compared with February 2023 new listings (53 listings) in February 2025 were also higher.

INDIAN LAND INVENTORY UP

Indian Land housing inventory increased 3.73% month-over-month to 250 properties for sale from 241 one month ago. Compared with February 2024, the number of properties for sale increased 28.87% from 194. Compared with February 2023, inventory was up from 186 properties for sale.

The months supply of inventory of 5.11 months, up from 4.55 months in the prior month, was at its highest compared with February 2024 and 2023. Nonetheless, at 5.11 months supply of inventory, Indian Land remained a balanced market between buyers and sellers.

INDIAN LAND  HOME SALE PRICES 

Average home sale price in February 2025 was $565,902, flat compared with the previous month of January. Average sale price was 2.71% higher than $550,974 in February one year ago. 

Median home sale price in February 2025 was $500,000, down 9.83% from $554,482 in the previous month of January. Median sale price was was 2.91% lower than the $515,000 in February one year ago. With Indian Land home prices ranging from the mid $100,000’s to over $1.2 million in February, the decline in median home sale price likely is the result of the price mix of homes sold and not due to a decline in home values in the 29707 zip code.

Price per square foot for Indian Land homes in February 2025 was $221, down 3.49% from $229 in the previous month of January. Year-over-year, the February 2025 price per square foot was was 1.38% higher than in February 2024 when it was $218 per square foot. 

LIST TO SALE PRICE RATIO IN INDIAN LAND UP

The list to sale price ratio in February 2025 was 99.19% up from 98.19% one month ago and one year ago.

DAYS ON MARKET DOWN

Days on market for Indian Land properties in February 2025 were 48 days, declining 17.24% from 58 days in the prior month. February’s days on market were 14.29% lower than in February 2024, which saw 56 days on market. Compared with February 2023 days on market were equal. 

NUMBER OF PROPERTIES SOLD DECLINED A 4TH CONSECUTIVE MONTH BUT UP YEAR-OVER-YEAR

The number of properties sold in February 2025 declined 9.26% to 49 sales from 54 in the previous month of January. Compared with February 2024, sales increased 2.08% from 48. Compared with February 2024, sales increased by one property.

Want to know what this would mean for your family if you decide to buy or sell an Indian Land area home?

I can help.

Call me today at 704-779-0813 or contact me here.

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WONDERING WHAT YOUR INDIAN LAND, SC AREA HOME IS WORTH?

If you’re thinking about selling your Indian Land area home, let’s get together and discuss the supply conditions in Indian Land neighborhoods and how I can assist you in gaining access to buyers who area ready, willing, and able to buy now.

Contact me if you’d like to receive our Neighborhood Analyzer Report on a monthly basis so you can keep track of home sales activity in your neighborhood.

Note: If you don’t see your subdivision or complex, or the data looks incomplete, it’s because there weren’t enough properties sold in a given year.

I’m happy to provide an expert home value analysis with no obligation on your part.

 FREE Home Seller Guide: “Things To Consider When Selling Your House”

This Charlotte, North Carolina monthly real estate update for Indian Land, South Carolina is provided  by Nina Hollander with Coldwell Banker Realty, Greater Charlotte area residential real estate expert and Indian Land specialist. I’ve been opening doors for Indian Land home buyers and sellers since 1999.

If you’re considering selling or purchasing a home in Indian Land or anywhere in the Charlotte metro area, I’d love an opportunity to earn your business, to exceed your expectations and to show you why experience matters and how:

“The Right Broker Makes All The Difference.”