Is Trinity, 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, Trinity has remained a Seller's Market.
Housing Prices in Trinity, NC
How much do homes in Trinity, NC cost?
Median Sold Price
$303,999
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Trinity was $303,999 in May 2024, up 6.7% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $160K | $165K | +3.1% |
3 Bedrooms | $256.5K | $285K | +11.1% |
4 Bedrooms | $357.8K | $327K | -8.6% |
5+ Bedrooms | $339.9K | $395K | +16.2% |
Summary: Trinity housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.1%, 3 bedroom homes increased by 11.1%, 4 bedroom homes decreased by 8.6%, and 5+ bedroom homes increased by 16.2%.
Median Sold Price Compared To Nearby Cities
Trinity | $285K | $303.9K | +6.7% |
Thomasville | $225K | $240K | +6.7% |
Thomasville Township | $230K | $243K | +5.6% |
Trinity Township | $265.2K | $276.6K | +4.3% |
Archdale | $235K | $236.5K | +0.6% |
Housing Supply in Trinity, NC
How many homes are available in Trinity, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
89 | 90 | +1.1% |
Summary: The Trinity real estate market had 90 homes for sale in May 2024, a 1.1% 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 | 4 | 4 | 0.0% |
3 Bedrooms | 57 | 55 | -3.5% |
4 Bedrooms | 23 | 23 | 0.0% |
5+ Bedrooms | 5 | 8 | +60.0% |
Summary: The Trinity 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 remained the same, 3 bedroom homes decreased by 3.5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 60%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
19 | 20 | +5.3% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 20 homes were sold or pending in Trinity in May 2024, up by 5.3% month-over-month. Of the 20 sold homes, 70% were sold under asking, 20% were sold at asking, and 10% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
25 Days | 69 Days | +177.6% |
Summary: Homes in Trinity had an average of 69 days on market in May 2024, up by 177.6% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During May 2024, 20 homes were sold in Trinity; 35% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.