Maurice Barnes' Market Report

Indian Trail, NC

Single-Family Homes

Keller Williams Realty | 704-610-4112 | maurice.barnes@kw.com



Indian Trail, NC

Sat Mar 02 2024
This week the median list price for Indian Trail, NC is $473,885 with the market action index hovering around 48. This is an increase over last month's market action index of 42. Inventory has decreased to 32. Click here to stay informed with the Indian Trail market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Indian Trail, NC

Sat Mar 02 2024
This week the median list price for Indian Trail, NC is $473,885 with the market action index hovering around 48. This is an increase over last month's market action index of 42. Inventory has decreased to 32. Click here to stay informed with the Indian Trail market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Indian Trail market.
Median List Price $473,885
Median Price of New Listings $409,900
Per Square Foot $227
Average Days on Market 98
Median Days on Market 35
Price Decreased 31%
Price Increased 13%
Relisted 6%
Inventory 32
Median Rent
Market Action 48
Strong Seller's Market

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$594,950 2,864 0.25 - 0.5 acre 4 2.5 21 1 3 42
$505,435 2,588 0.25 - 0.5 acre 3 3 12 0 3 38
$447,450 2,052 8,000 - 10,000 sqft 3 2.5 25 1 1 17
$382,495 1,405 0.25 - 0.5 acre 3 2 46 5 5 0