Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
With a population of 37,073, 11,462 total housing units (homes and apartments), and a median house value of $242,969, Indian Trail real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Indian Trail, accounting for 92.17% of the town's housing units. Other types of housing that are prevalent in Indian Trail include mobile homes or trailers ( 4.05%), large apartment complexes or high rise apartments ( 2.25%), and a few row houses and other attached homes ( 1.41%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Indian Trail. Owner-occupied housing accounts for 82.70% of Indian Trail's homes, and 80.54% have either three or four bedrooms, which is average sized relative to America.
Indian Trail homes and real estate are some of the newest in America. 56.06% of Indian Trail's housing was built since 2000, making the town have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Indian Trail real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 37.02%), and between 1940-1969 ( 6.24%).
Appreciation rates for homes in Indian Trail have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 5.14%, which ranks in the top 40% nationwide. This equates to an annual average Indian Trail house appreciation rate of 0.50%.
Appreciation rates are so strong in Indian Trail that despite a nationwide downturn in the housing market, Indian Trail real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Indian Trail appreciation rates continue to be some of the highest in America, at 5.73%, which is higher than appreciation rates in 71.70% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Indian Trail. Indian Trail appreciation rates in the latest quarter were at 1.88%, which equates to an annual appreciation rate of 7.72%.
Importantly, this makes Indian Trail one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.
Relative to North Carolina, our data show that Indian Trail's latest annual appreciation rate is higher than 70% of the other cities and towns in North Carolina.
One very important thing to keep in mind is that these are average appreciation rates for the town. Individual neighborhoods within Indian Trail differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Indian Trail - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Indian Trail real estate investment or home purchase decisions.
|$904,001 - $1,205,000||0.4|
|$602,001 - $904,000||3.8|
|$482,001 - $602,000||2.5|
|$362,001 - $482,000||7.6|
|$241,001 - $362,000||24.7|
|$120,001 - $241,000||53.3|
|$60,001 - $120,000||5.2|
|$0 - $60,000||2.5|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
2000 Q1 - 2017 Q1
|* 10 is highest|
|AGE OF Indian Trail HOMES|
|2000 or Newer||56.1|
|1970 - 1999||37.0|
|1940 - 1969||6.2|
|1939 or Older||0.7|
|TYPE OF Indian Trail HOMES|
|Small Apt. Buildings||0.1|
|SIZE OF Indian Trail HOMES|
|5 or more bedrooms||11.77|