Indian Trail, NC
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Indian Trail Neighborhoods Since 2000




Indian Trail, NC Real Estate Data

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 Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Indian Trail Housing Market Information

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%).

Indian Trail Home Appreciation Rates

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.

Average Home Values

 

Median Home Value:
$242,969

Indian Trail, NC HOME PRICES

Value Range
> $1,205,000 0.1
$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

Very High for NC
High for Nation

Value Relative to Nation Value Relative to State
23.6259228876128 15.9709618874773

Number Of Homes And Apartments:
11,462

Indian Trail Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NC*
Compared To
America*
Latest Quarter:
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
Since 2000:
2000 Q1 - 2017 Q1
28.35% 1.46% 6 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,571 / per month

Homeownership Rate

Homeownership
Owners 82.70
Renters 17.30
Vacant 3.55

Housing Market Details

 

Age of Homes

AGE OF Indian Trail HOMES
2000 or Newer 56.1
1970 - 1999 37.0
1940 - 1969 6.2
1939 or Older 0.7

Types of Homes

TYPE OF Indian Trail HOMES
Single-Family 92.2
Townhomes 1.4
Small Apt. Buildings 0.1
Apt. Complexes 2.2
Mobile Homes 4.0
Other 0.0

Home Size

SIZE OF Indian Trail HOMES
No Bedroom 0.05
1 Bedroom 0.84
2 Bedrooms 6.80
3 Bedrooms 56.61
4 Bedrooms 23.93
5 or more bedrooms 11.77