Is Trinity, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Trinity is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Trinity was a Seller's Market.

Key Takeaway

Trinity is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Trinity, NC

How much do homes in Trinity, NC cost?

Median Sold Price

$303,449

$168/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$6,449(+2.2%)

Key Takeaway

Homes in Trinity have sold for 2.2% more than they did a year ago.

Summary: The median home sold price in Trinity was $303,449 in October 2024, up 2.2% from last year, and the median price per square foot was $168.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $165K$170K
+3.0%
3 $275K$270K
-1.8%
4 $352K$343.4K
-2.4%
5+ $407.9K$350.4K
-14.1%

Summary: Trinity housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3%, 3 bedroom homes decreased by 1.8%, 4 bedroom homes decreased by 2.4%, and 5+ bedroom homes decreased by 14.1%.

Median Sold Price Compared To Nearby Cities

Thomasville
+8.7%
Thomasville Township
+8.7%
Archdale
+4.7%
Trinity
+2.2%
Trinity Township
0%

Housing Supply in Trinity, NC

How many homes are available in Trinity, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
104108+3.8%

Summary: The Trinity real estate market had 108 homes for sale in October 2024, a 3.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 24
+100.0%
3 8480
-4.8%
4 1317
+30.8%
5+ 57
+40.0%

Summary: The Trinity housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes increased by 30.8%, and 5+ bedroom homes increased by 40%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
18180.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Trinity, you may be able to get a good deal. 38.9% of homes here sold below asking price last month.

Summary: A total of 18 homes were sold or pending in Trinity in October 2024, the same as the previous month. Of the 18 sold homes, 39% were sold under asking, 39% were sold at asking, and 22% 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

Oct 2023Oct 2024CHANGE
13 Days32 Days+145.0%

Summary: Homes in Trinity had an average of 32 days on market in Oct 2024, up by 145% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Trinity are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 18 homes were sold in Trinity; 56% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Trinity, NC

Nearby Markets to Trinity, NC

What housing markets are near Trinity, NC?