February 2018 homes sales in the Indian Land, South Carolina area of the Charlotte metro region continued the trends we've seen since 2016 with strong demand for homes resulting in continued increases in home prices, coupled with significant decreases in availability of affordable homes priced under $250,000.
The average sale price of homes in the Indian Land area (29707 zip code) increased 8.4% to just under $323,000, while average days on market for property listings increased by 4 days to 52 compared with February 2017. Median days on market were just 23 days in February 2018.
Price per square foot also increased by 2.4% to an average of $126/square foot (30 comments)