$4,453 Closing Credit*
$375,000
1,307 SqFt
2 Beds
•2 Full Baths
Listing Office: Real Broker, LLC
Is Indian Land, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Indian Land has remained a Seller's Market.
Key Takeaway
Indian Land is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Indian Land, SC
How much do homes in Indian Land, SC cost?
Median Sold Price
$513,500
$218/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$13,463(+2.7%)
Key Takeaway
Homes in Indian Land have sold for 2.7% more than they did a year ago.
Summary: The median home sold price in Indian Land was $513,500 in October 2024, up 2.7% from last year, and the median price per square foot was $218.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $419.5K | $395K | -5.8% |
| 3 Bedrooms | $425K | $454.7K | +7.0% |
| 4 Bedrooms | $549.9K | $580K | +5.5% |
| 5+ Bedrooms | $688.4K | $747.1K | +8.5% |
Summary: Indian Land housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 5.8%, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 5.5%, and 5+ bedroom homes increased by 8.5%.
Median Sold Price Compared To Nearby Neighborhoods
| Dogwood Acres | $541.6K | $658.2K | +21.5% |
| Bridge Mill | $612.5K | $730K | +19.2% |
| Indian Land | $500K | $513.5K | +2.7% |
Housing Supply in Indian Land, SC
How many homes are available in Indian Land, SC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 217 | 222 | +2.3% |
Summary: The Indian Land real estate market had 222 homes for sale in October 2024, a 2.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 45 | 49 | +8.9% |
| 3 Bedrooms | 83 | 79 | -4.8% |
| 4 Bedrooms | 52 | 57 | +9.6% |
| 5+ Bedrooms | 37 | 37 | 0.0% |
Summary: The Indian Land housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 8.9%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes increased by 9.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 50 | 57 | +14.0% |
Asking Price vs. Sold Price
27 Homes Were Sold
Under Asking
22 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Indian Land, you may be able to get a good deal. 47.4% of homes here sold below asking price last month.
Summary: A total of 57 homes were sold or pending in Indian Land in October 2024, up by 14.0% month-over-month. Of the 57 sold homes, 47% were sold under asking, 39% were sold at asking, and 14% were sold over asking.
Days on Market for Indian Land, SC
How long does it take to sell a home in Indian Land, SC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 20 Days | 30 Days | +47.8% |
Summary: Homes in Indian Land had an average of 30 days on market in Oct 2024, up by 47.8% compared to last year.
Breakdown of Home Sale Times
37 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Indian Land are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 57 homes were sold in Indian Land; 65% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
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