Indian Land Real Estate February 2025

Indian Land, SC (29707 zip code) housing market update for February 2025

 

INDIAN LAND REAL ESTATE FEBRUARY 2025: WHAT TO KNOW NOW

Indian Land real estate February 2025 saw new listings increase a second consecutive month after four months of declines. With 5.11 months supply of inventory, Indian Land became more of a balanced housing market between home buyers and home sellers.  Despite the higher months supply of inventory, the list to sale price ratio of 99.19%, up one per cent from one month and one year ago, kept opportunities for Indian Land home buyers to negotiate on price at a minimum. Average days on market declined month-over-month and year-over-year, 17+% and 14+% respectively. Average home sale prices increased from one month ago and one year ago. The median sale price declined. However, 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. The number of properties sold declined a fourth consecutive month, but was flat versus February 2024 and 2023.

 

 Indian Land Real Estate February 2025

Housing Market Trends Snapshot

Indian Land, SC (29707 zip code) real estate sales trends in 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. 

 

 

INDIAN LAND REAL ESTATE MEDIAN HOME PRICE TRENDS

(12 Month Rolling Average)

 

 

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?

Contact Nina Hollander if you're curious about the Charlotte real estate market

 

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

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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.”

 

    

PREVIOUS INDIAN LAND REAL ESTATE UPDATES

Indian Land Real Estate Report: January 2025 

       

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