Is Indian Trail, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 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
$426,657
$208/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Indian Trail was $426,657 in May 2024, up 2% from last year, and the median price per square foot was $208.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $420.2K | $120K | -71.4% |
2 Bedrooms | $292.5K | $301.5K | +3.1% |
3 Bedrooms | $355K | $374.7K | +5.5% |
4 Bedrooms | $445.4K | $455K | +2.1% |
5+ Bedrooms | $565.2K | $572.9K | +1.4% |
Summary: Indian Trail housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 71.4%, 2 bedroom homes increased by 3.1%, 3 bedroom homes increased by 5.5%, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes increased by 1.4%.
Median Sold Price Compared To Nearby Cities
Indian Trail | $418.2K | $426.6K | +2.0% |
Lake Park | $380K | $387.5K | +2.0% |
Vance Township | $423.7K | $426.4K | +0.6% |
Stallings | $426.4K | $422.5K | -0.9% |
Housing Supply in Indian Trail, NC
How many homes are available in Indian Trail, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
194 | 212 | +9.3% |
Summary: The Indian Trail real estate market had 212 homes for sale in May 2024, a 9.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 11 | 7 | -36.4% |
3 Bedrooms | 84 | 98 | +16.7% |
4 Bedrooms | 69 | 83 | +20.3% |
5+ Bedrooms | 30 | 24 | -20.0% |
Summary: The Indian Trail housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 36.4%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 20.3%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
68 | 49 | -27.9% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Summary: A total of 49 homes were sold or pending in Indian Trail in May 2024, down by 27.9% month-over-month. Of the 49 sold homes, 41% were sold under asking, 20% were sold at asking, and 39% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
40 Days | 12 Days | -68.2% |
Summary: Homes in Indian Trail had an average of 12 days on market in May 2024, down by 68.2% compared to last year.
Breakdown of Home Sale Times
40 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 49 homes were sold in Indian Trail; 82% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.