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 about Scout's Real Estate Data
With a population of 41,724, 13,078 total housing units (homes and apartments), and a median house value of $502,446, Indian Trail real estate is some of the most expensive in North Carolina, although Indian Trail home values aren't among America's most expensive.
Single-family detached homes are the single most common housing type in Indian Trail, accounting for 90.86% of the town's housing units. Other types of housing that are prevalent in Indian Trail include large apartment complexes or high rise apartments ( 3.27%), mobile homes or trailers ( 3.18%), and a few row houses and other attached homes ( 2.02%).
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 83.09% of Indian Trail's homes, and 79.50% 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. 61.34% 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 ( 33.86%), and between 1940-1969 ( 4.25%).
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 144.65% over the last ten years, which is an average annual home appreciation rate of 9.36%, putting Indian Trail in the top 10% 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.
NeighborhoodScout's data show that during the latest twelve months, Indian Trail's appreciation rate, at 7.25%, has been at or slightly above the national average. In the latest quarter, Indian Trail's appreciation rate has been 1.72%, which annualizes to a rate of 7.07%.
Relative to North Carolina, our data show that Indian Trail's latest annual appreciation rate is higher 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.
$502,446
for North carolina
for nation
13,078
$3,264 / per month