Is Indian Trail, NC 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 Trail has remained a Seller's Market.
Housing Prices in Indian Trail, NC
How much do homes in Indian Trail, NC cost?
Median Sold Price
$427,161
$202/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Indian Trail was $427,161 in March 2024, up 3.2% from last year, and the median price per square foot was $202.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $270.1K | N/A |
2 Bedrooms | $305K | $304K | -0.3% |
3 Bedrooms | $351K | $375.2K | +6.9% |
4 Bedrooms | $458K | $449K | -2.0% |
5+ Bedrooms | $565K | $570.4K | +1.0% |
Summary: Indian Trail 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 decreased by 0.3%, 3 bedroom homes increased by 6.9%, 4 bedroom homes decreased by 2%, and 5+ bedroom homes increased by 1%.
Median Sold Price Compared To Nearby Cities
Hemby Bridge | $330K | $345.9K | +4.8% |
Indian Trail | $414K | $427.1K | +3.2% |
Vance Township | $421K | $430K | +2.2% |
Stallings | $425.1K | $421.2K | -0.9% |
Lake Park | $390K | $367.1K | -5.9% |
Housing Supply in Indian Trail, NC
How many homes are available in Indian Trail, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
153 | 181 | +18.3% |
Summary: The Indian Trail real estate market had 181 homes for sale in March 2024, a 18.3% 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 | 9 | 15 | +66.7% |
3 Bedrooms | 71 | 78 | +9.9% |
4 Bedrooms | 52 | 64 | +23.1% |
5+ Bedrooms | 21 | 24 | +14.3% |
Summary: The Indian Trail 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 66.7%, 3 bedroom homes increased by 9.9%, 4 bedroom homes increased by 23.1%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
40 | 49 | +22.5% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 49 homes were sold or pending in Indian Trail in March 2024, up by 22.5% month-over-month. Of the 49 sold homes, 43% were sold under asking, 31% were sold at asking, and 27% were sold over asking.
Days on Market for Indian Trail, NC
How long does it take to sell a home in Indian Trail, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
52 Days | 39 Days | -25.0% |
Summary: Homes in Indian Trail had an average of 39 days on market in Mar 2024, down by 25% compared to last year.
Breakdown of Home Sale Times
31 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During March 2024, 49 homes were sold in Indian Trail; 63% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.