Indian Trail, NC Real Estate Market

Source & Methodology

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.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2021. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Indian Trail, NC Housing Market Trends

With a population of 40,252, 12,743 total housing units (homes and apartments), and a median house value of $313,548, 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 91.75% of the town's housing units. Other types of housing that are prevalent in Indian Trail include mobile homes or trailers ( 3.95%), large apartment complexes or high rise apartments ( 2.63%), and a few row houses and other attached homes ( 1.55%).

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 83.61% of Indian Trail's homes, and 79.61% 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. 60.00% 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 ( 35.79%), and between 1940-1969 ( 3.55%).

Indian Trail Home Appreciation Rates

In the last 10 years, Indian Trail has experienced some of the highest home appreciation rates of any community in the nation. Indian Trail real estate appreciated 69.01% over the last ten years, which is an average annual home appreciation rate of 5.39%, putting Indian Trail in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Indian Trail definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

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 10.48%, which is higher than appreciation rates in 71.10% 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 2.99%, which equates to an annual appreciation rate of 12.49%.

Relative to North Carolina, our data show that Indian Trail's latest annual appreciation rate is lower than 50% 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.

Average Home Values

 

Median Home Value:
$313,548

Indian Trail, NC HOME PRICES

> $1,303,000
0.4%
0.4%
$977,001 - $1,303,000
1.2%
1.2%
$652,001 - $977,000
3.8%
3.8%
$521,001 - $652,000
4.3%
4.3%
$391,001 - $521,000
12.5%
12.5%
$260,001 - $391,000
33.2%
33.2%
$130,001 - $260,000
39.6%
39.6%
$65,001 - $130,000
2.4%
2.4%
$0 - $65,000
2.6%
2.6%
0.0% 100.0%
% OF HOMES
Value Relative To State

High for Nation

Very High for NC

Value Relative To Nation

Number Of Homes And Apartments:
12,743

Indian Trail Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NC*
Compared To
America*
Latest Quarter:
2021 Q1 - 2021 Q2
Last 12 Months:
2020 Q2 - 2021 Q2
Last 2 Years:
2019 Q2 - 2021 Q2
Last 5 Years:
2016 Q2 - 2021 Q2
Last 10 Years:
2011 Q2 - 2021 Q2
Since 2000:
2000 Q1 - 2021 Q2
78.73% 2.74%
7
5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,314 / per month

Homeownership Rate

Owners
83.6%
83.6%
Renters
16.4%
16.4%
Vacant
2.3%
2.3%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
60.0%
60.0%
1970 - 1999
35.8%
35.8%
1940 - 1969
3.6%
3.6%
1939 or Older
0.7%
0.7%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
91.7%
91.7%
Townhomes
1.5%
1.5%
Small Apt. Buildings
0.1%
0.1%
Apt. Complexes
2.6%
2.6%
Mobile Homes
3.9%
3.9%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
0.1%
0.1%
1 Bedroom
1.2%
1.2%
2 Bedrooms
6.3%
6.3%
3 Bedrooms
50.4%
50.4%
4 Bedrooms
29.2%
29.2%
5 or more bedrooms
12.8%
12.8%
0.0% 100.0%
% OF HOMES