$1,200,000
Land
Listing Office: NorthGroup Real Estate LLC
Is Indian Trail, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Indian Trail has remained a Seller's Market.
Key Takeaway
Indian Trail is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Indian Trail, NC
How much do homes in Indian Trail, NC cost?
Median Sold Price
$425,115
$209/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$408(+0.1%)
Key Takeaway
The sold price of homes in Indian Trail has remained the same since last year.
Summary: The median home sold price in Indian Trail was $425,115 in November 2024, up 0.1% from last year, and the median price per square foot was $209.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $420.2K | $120K | -71.4% |
| 2 Bedrooms | $300K | $298.7K | -0.4% |
| 3 Bedrooms | $371.1K | $370K | -0.3% |
| 4 Bedrooms | $446.2K | $473K | +6.0% |
| 5+ Bedrooms | $570K | $569K | -0.2% |
Summary: Indian Trail housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 71.4%, 2 bedroom homes decreased by 0.4%, 3 bedroom homes decreased by 0.3%, 4 bedroom homes increased by 6%, and 5+ bedroom homes decreased by 0.2%.
Median Sold Price Compared To Nearby Cities
| Lake Park | $370K | $384.7K | +4.0% |
| Stallings | $425.6K | $440K | +3.4% |
| Hemby Bridge | $320.2K | $325K | +1.5% |
| Indian Trail | $424.7K | $425.1K | 0.1% |
| Vance Township | $426.5K | $425K | -0.4% |
Housing Supply in Indian Trail, NC
How many homes are available in Indian Trail, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 231 | 222 | -3.9% |
Summary: The Indian Trail real estate market had 222 homes for sale in November 2024, a 3.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 7 | 9 | +28.6% |
| 3 Bedrooms | 117 | 104 | -11.1% |
| 4 Bedrooms | 69 | 77 | +11.6% |
| 5+ Bedrooms | 37 | 31 | -16.2% |
Summary: The Indian Trail housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 28.6%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes increased by 11.6%, and 5+ bedroom homes decreased by 16.2%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 54 | 60 | +11.1% |
Asking Price vs. Sold Price
39 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Indian Trail, you may be able to get a good deal. 65% of homes here sold below asking price last month.
Summary: A total of 60 homes were sold or pending in Indian Trail in November 2024, up by 11.1% month-over-month. Of the 60 sold homes, 65% were sold under asking, 22% were sold at asking, and 13% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 34 Days | 39 Days | +15.6% |
Summary: Homes in Indian Trail had an average of 39 days on market in Nov 2024, up by 15.6% compared to last year.
Breakdown of Home Sale Times
33 Homes Were Sold
Under 30 Days
19 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Indian Trail are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 60 homes were sold in Indian Trail; 55% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
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