$4,691 Closing Credit*
$395,000
2,106 SqFt
3 Beds
•2 Full Baths, 1 Partial
Listing Office: EXP Realty LLC Ballantyne
Is Indian Trail, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$425,000
$209/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$392(+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 $425,000 in October 2024, up 0.1% from last year, and the median price per square foot was $209.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $420.2K | $120K | -71.4% |
| 2 Bedrooms | $299K | $299.9K | 0.3% |
| 3 Bedrooms | $373K | $370K | -0.8% |
| 4 Bedrooms | $445.3K | $467K | +4.9% |
| 5+ Bedrooms | $564.5K | $567K | 0.4% |
Summary: Indian Trail housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 71.4%, 2 bedroom homes increased by 0.3%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes increased by 0.4%.
Median Sold Price Compared To Nearby Cities
| Lake Park | $370K | $395K | +6.8% |
| Stallings | $428.7K | $440K | +2.6% |
| Indian Trail | $424.6K | $425K | 0.1% |
| Vance Township | $426.6K | $426K | -0.1% |
Housing Supply in Indian Trail, NC
How many homes are available in Indian Trail, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 221 | 239 | +8.1% |
Summary: The Indian Trail real estate market had 239 homes for sale in October 2024, a 8.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 6 | 7 | +16.7% |
| 3 Bedrooms | 107 | 120 | +12.1% |
| 4 Bedrooms | 67 | 70 | +4.5% |
| 5+ Bedrooms | 40 | 40 | 0.0% |
Summary: The Indian Trail housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 12.1%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 51 | 50 | -2.0% |
Asking Price vs. Sold Price
32 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
7 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. 64% of homes here sold below asking price last month.
Summary: A total of 50 homes were sold or pending in Indian Trail in October 2024, down by 2.0% month-over-month. Of the 50 sold homes, 64% were sold under asking, 22% were sold at asking, and 14% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 30 Days | 35 Days | +17.0% |
Summary: Homes in Indian Trail had an average of 35 days on market in Oct 2024, up by 17% compared to last year.
Breakdown of Home Sale Times
28 Homes Were Sold
Under 30 Days
17 Homes Were Sold
In 30 - 90 Days
5 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 October 2024, 50 homes were sold in Indian Trail; 56% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
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