Is Indian Land, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 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
$499,900
$210/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Indian Land have sold for 0.8% less than they did a year ago.
Summary: The median home sold price in Indian Land was $499,900 in March 2024, down 0.8% from last year, and the median price per square foot was $210.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $400K | $410K | +2.5% |
| 3 Bedrooms | $431K | $428.6K | -0.5% |
| 4 Bedrooms | $550K | $562K | +2.2% |
| 5+ Bedrooms | $701.6K | $705K | 0.5% |
Summary: Indian Land housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.5%, 3 bedroom homes decreased by 0.5%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes increased by 0.5%.
Median Sold Price Compared To Nearby Neighborhoods
| Dogwood Acres | $517.8K | $592.1K | +14.4% |
| Indian Land | $504.1K | $499.9K | -0.8% |
| Bridge Mill | $675K | $630K | -6.7% |
Housing Supply in Indian Land, SC
How many homes are available in Indian Land, SC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 176 | 186 | +5.7% |
Summary: The Indian Land real estate market had 186 homes for sale in March 2024, a 5.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 37 | 39 | +5.4% |
| 3 Bedrooms | 73 | 82 | +12.3% |
| 4 Bedrooms | 43 | 34 | -20.9% |
| 5+ Bedrooms | 23 | 31 | +34.8% |
Summary: The Indian Land housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 5.4%, 3 bedroom homes increased by 12.3%, 4 bedroom homes decreased by 20.9%, and 5+ bedroom homes increased by 34.8%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 46 | 66 | +43.5% |
Asking Price vs. Sold Price
25 Homes Were Sold
Under Asking
21 Homes Were Sold
At Asking
20 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. 37.9% of homes here sold below asking price last month.
Summary: A total of 66 homes were sold or pending in Indian Land in March 2024, up by 43.5% month-over-month. Of the 66 sold homes, 38% were sold under asking, 32% were sold at asking, and 30% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 51 Days | 32 Days | -37.9% |
Summary: Homes in Indian Land had an average of 32 days on market in Mar 2024, down by 37.9% compared to last year.
Breakdown of Home Sale Times
47 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
9 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 March 2024, 66 homes were sold in Indian Land; 71% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. 
Copyright © 2024 Triad Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database.