Is Indian Trail, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 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
$426,960
$206/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Indian Trail was $426,960 in April 2024, up 1.8% from last year, and the median price per square foot was $206.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $270.1K | N/A |
2 Bedrooms | $290K | $304.5K | +5.0% |
3 Bedrooms | $355K | $374.4K | +5.5% |
4 Bedrooms | $446.2K | $450.6K | +1.0% |
5+ Bedrooms | $574.5K | $564.7K | -1.7% |
Summary: Indian Trail housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5%, 3 bedroom homes increased by 5.5%, 4 bedroom homes increased by 1%, and 5+ bedroom homes decreased by 1.7%.
Median Sold Price Compared To Nearby Cities
Hemby Bridge | $327.5K | $345.9K | +5.6% |
Indian Trail | $419.2K | $426.9K | +1.8% |
Vance Township | $424.8K | $429.9K | +1.2% |
Lake Park | $384.2K | $380K | -1.1% |
Stallings | $432.7K | $422.5K | -2.4% |
Housing Supply in Indian Trail, NC
How many homes are available in Indian Trail, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
184 | 191 | +3.8% |
Summary: The Indian Trail real estate market had 191 homes for sale in April 2024, a 3.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 15 | 11 | -26.7% |
3 Bedrooms | 76 | 82 | +7.9% |
4 Bedrooms | 64 | 67 | +4.7% |
5+ Bedrooms | 29 | 31 | +6.9% |
Summary: The Indian Trail housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 26.7%, 3 bedroom homes increased by 7.9%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes increased by 6.9%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
51 | 61 | +19.6% |
Asking Price vs. Sold Price
28 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
21 Homes Were Sold
Over Asking
Summary: A total of 61 homes were sold or pending in Indian Trail in April 2024, up by 19.6% month-over-month. Of the 61 sold homes, 46% were sold under asking, 20% were sold at asking, and 34% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
45 Days | 22 Days | -50.2% |
Summary: Homes in Indian Trail had an average of 22 days on market in Apr 2024, down by 50.2% compared to last year.
Breakdown of Home Sale Times
50 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During April 2024, 61 homes were sold in Indian Trail; 82% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.