Lake Wylie Real Estate May 2025
Lake Wylie Real Estate May 2025 Highlights
In May 2025, the average home sale price was $682,790, up 26.68% from April and 19.37% higher than in May 2024, marking the highest level compared with the same month in 2024 and 2023. The median sale price rose to $570,000, increasing 21.28% from April and 26.45% year-over-year. The price per square foot was $238, up 19.6% from the prior month and 6.73% higher than one year ago. Homes spent an average of 41 days on the market in May, down from 64 days in April, but still higher than May 2024 and 2023. Lake Wylie’s housing inventory grew to 88 properties, up from 84 the month before and slightly higher than the past two Mays. The months of supply of inventory declined to 8 months from 16.4 in April, keeping Lake Wylie a home buyer’s market. New listings rose to 13 from nine in April but were down from 19 in May 2024 and 26 in May 2023. Sales climbed to 11 in May from five in April, but remained lower than the 21 sales in May 2024 and 23 in May 2023. The list-to-sale price ratio improved to 99.28% from 97.64% the prior month and matching the level from a year ago.
Lake Wylie Real Estate May 2025 Snapshot
HOME SALE PRICES
Average sale price in May 2025 was $682,790, up 26.68% from $538,997 in the previous month of April. Year-over-year, the average home sale price was 19.37% higher than in May 2024 when it was $572,000. The May 2025 average sale price was at its highest level compared with May 2024 and 2023.
Median home sale price in May 2025 was $570,000, up 21.28% from $469,985 in the previous month of April. The median home sale price improved 26.45% from 500,000 in May2024. The May 2025 median sale price was at its highest level compared with May 2024 and 2023.
Price per square foot in May 2025 was $238, up 19.6% from $199 compared with one month ago. The price per square foot was 6.73% higher than the $223 in May one year ago.
DAYS ON MARKET DOWN A SECOND CONSECUTIVE MONTH
Average days on market in May 2025 declined 35.94% to 41 days from 64 days in April. Year-over-year, average days on market were 32.26% higher than in May 2024, which saw 31 days on market. Compared with May 2023, days on market were nine days higher in May 2025.
LAKE WYLIE HOUSING INVENTORY
The number of properties for sale in May 2025 was 88, up from 84 in the prior month. May 2025 inventory was 7.32% higher than the 82 properties for sale in May 2024 and May 2023. May 2025 saw the highest level of inventory in Lake Wylie since December 2022 when inventory stood at 99 properties for sale. The May 2025 months supply of homes declined to 8 months from 16.4 months in April, keeping Lake Wylie a home buyer’s market.
NEW LISTINGS
The number of new listings in May 2025 was 13, up from nine in the prior month of April. New listings declined 31.58% compared with May 2024, which saw 19 new listings. New listings declined in 2025 from 26 in May 2023.
LAKE WYLIE SALES
Sales in May 2025 increased 120% from April 2025’s five sales to 11 sales in May 2025. Sales were 47.62% lower than the 21 sales in May 2024. Compared with May 2023, sales were down from 23.
LIST TO SALE PRICE RATIO
The May 2025 list to sale price ratio of 99.28% improved from 97.64% in the previous month and was equal to the ratio in May one year ago.
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LAKE WYLIE REAL ESTATE MEDIAN HOME PRICE TRENDS
(12 Month Rolling Average)
DID YOU KNOW…
Lake Wylie has been rated #6 for best public schools in the Charlotte?
Lake Wylie has been rated the #15 best place to raise a family in South Carolina?
Lake Wylie has been rated the #11 best suburb to raise a family in the Charlotte area?
(rankings provided by niche.com)
LAKE WYLIE LIFESTYLE
Discover the Allure of Lake Wylie
Nestled along the North and South Carolina border, Lake Wylie embodies the epitome of idyllic Southern living. With its tranquil waters, picturesque landscapes, and vibrant community spirit, it’s no wonder why this charming town has become an increasingly desirable destination for those seeking a perfect blend of natural beauty, modern conveniences, and a close-knit community atmosphere. Lake Wylie residents take pride in their town, actively participating in various community events and festivals throughout the year. From neighborhood block parties and farmers’ markets to charity fundraisers and volunteer opportunities, there’s always something happening in Lake Wylie to bring residents together and foster meaningful connections.
Lake Wylie’s allure lies its stunning natural surroundings. Named after the expansive Lake Wylie, which spans over 13,000 acres, the town offers residents unparalleled access to water-based recreational activities such as boating, fishing, and kayaking. The glistening waters of the lake provide a serene backdrop for leisurely strolls along its shores, while the surrounding wooded areas offer endless opportunities for exploration and outdoor adventure. More information about Lake fishing and waterways.
Lake Wylie’s proximity to Charlotte, NC, provides residents with easy access to employment opportunities, cultural attractions, and urban amenities while still allowing them to retreat to the tranquility of small-town living at the end of the day.
Whether you’re in the market for a waterfront retreat, a cozy suburban home, or a spacious estate with scenic views, Lake Wylie offers a diverse range of real estate options to suit every taste and budget. Waterfront properties provide unparalleled access to the lake and breathtaking sunset views, while inland neighborhoods boast well-designed homes nestled amidst lush greenery and manicured landscapes. Whatever your preference, you’ll find that Lake Wylie offers the perfect balance of natural beauty and modern comfort, making it an ideal place to call home.
Contact Nina Hollander with Coldwell Banker Realty if you’d like more information about the buying or selling a home in Lake Wylie (or in any Greater Charlotte neighborhood, for that matter). I’ve been opening doors for Lake Wylie home buyers and sellers since 1999.
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PREVIOUS 2025 LAKE WYLIE REAL ESTATE REPORT
Lake Wylie Real Estate: April 2025
Lake Wylie Real Estate: March 2025
