Real estate in I'On, SC. Find property, condos, houses & luxury homes for sale with the agents & realtors at Katherine Cox + Co.
I'On, Mount Pleasant, SC Housing Market
In January 2025, home prices in I'On saw a dramatic 95.6% increase year-over-year, reaching a median sale price of $3.0 million. This significant price surge suggests strong demand for high-end properties in the area, despite a slowdown in sales volume. Only four homes were sold this January, down from seven last year, indicating a more selective market. Additionally, homes are taking longer to sell, with an average of 148 days on the market compared to just 70 days the previous year. This extended market time could signal that while prices have surged, buyers are taking more time to make purchasing decisions in this luxury market.
The I'On housing market is moderately competitive, with homes typically selling in about 58 days. While some properties attract multiple offers, the average home sells for approximately 4% below the listing price and goes pending within the same timeframe. However, highly desirable properties—often referred to as "hot homes"—can sell for around the asking price and go under contract in as little as 34 days, highlighting strong demand in select segments of this upscale market.
As of December 2024, I'On is considered a buyer’s market, meaning the supply of homes exceeds buyer demand. This gives buyers more negotiating power, often leading to lower prices, longer days on the market, and greater flexibility in offers. Sellers may need to adjust pricing strategies or offer incentives to attract buyers in this slower-moving luxury market. For those looking to purchase in I'On, this market condition presents an excellent opportunity to secure a high-end property with favorable terms.
Looking for the perfect home in I'On, Mount Pleasant? Whether you’re exploring the market, searching for a luxury property, or have questions about the area, we’re here to help! With expert knowledge and personalized service, we’ll guide you through every step of the buying process. Reach out today and let’s find your ideal home in this sought-after community!
Thinking about making I'On your home? Our neighborhood guide has everything you need to know—from the stunning architecture and vibrant community to local amenities and real estate trends. Whether you're considering a move or just exploring, dive into our guide to see why I'On is one of Mount Pleasant’s most sought-after neighborhoods!
My roots are grounded in The Lowcountry and I am committed to educating future buyers on every aspect of life here in Charleston. I am passionate about my job and dedicated to helping buyers and sellers get the most value out of my services!
