Is Trinity, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Trinity was a Seller's Market.
Key Takeaway
Trinity is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Trinity, NC
How much do homes in Trinity, NC cost?
Median Sold Price
$304,999
$165/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Trinity have sold for 10.5% more than they did a year ago.
Summary: The median home sold price in Trinity was $304,999 in March 2024, up 10.5% from last year, and the median price per square foot was $165.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $201.7K | $162.5K | -19.5% |
| 3 Bedrooms | $235K | $288.5K | +22.8% |
| 4 Bedrooms | $350K | $327.9K | -6.3% |
| 5+ Bedrooms | $336.5K | $407.9K | +21.2% |
Summary: Trinity 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 19.5%, 3 bedroom homes increased by 22.8%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes increased by 21.2%.
Median Sold Price Compared To Nearby Cities
| Thomasville | $205K | $239.7K | +16.9% |
| Trinity Township | $255K | $283K | +11.0% |
| Trinity | $276K | $304.9K | +10.5% |
| Thomasville Township | $217.8K | $240K | +10.1% |
| Archdale | $236K | $239K | +1.3% |
Housing Supply in Trinity, NC
How many homes are available in Trinity, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 66 | 68 | +3.0% |
Summary: The Trinity real estate market had 68 homes for sale in March 2024, a 3.0% 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 40 | 39 | -2.5% |
| 4 Bedrooms | 21 | 24 | +14.3% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Trinity 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 remained the same, 3 bedroom homes decreased by 2.5%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 19 | 8 | -57.9% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Trinity, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Trinity in March 2024, down by 57.9% month-over-month. Of the 8 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Trinity, NC
How long does it take to sell a home in Trinity, NC?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 61 Days | 41 Days | -33.3% |
Summary: Homes in Trinity had an average of 41 days on market in Mar 2024, down by 33.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Trinity has remained consistent over time.
Summary: During March 2024, 8 homes were sold in Trinity; 25% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Canopy MLS as distributed by MLS GRID.
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