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Friday, April 26, 2024

Indian Trail home prices rise in January 2017

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The median sale price of a home sold in January 2017 in Indian Trail rose by $37,500 while total sales increased by 60%, according to BlockShopper.com.

In January 2017, there were 32 homes sold, with a median sale price of $249,750 - a 17.7% increase over the $212,250 median sale price for the same period of the previous year. There were 20 homes sold in Indian Trail in January 2016.

The median sales tax in Indian Trail for the most recent year with available data, 2015, was $1,514, approximately 0.6% of the median home sale price for January 2017.

The following table compares Indian Trail to other Union County cities with similar median sales prices in January 2017:

CityJan. 2017 Home SalesJan. 2016 Home Sales% change (Total Home Sales)Jan. 2017 Median Sales PriceJan. 2016 Median Sales Price% change (Median Sales Price)
Weddington101900%$712,500$392,00081.8%
Marvin34-25%$563,000$433,50029.9%
Wesley Chapel62200%$420,000$186,500125.2%
Waxhaw1224-50%$330,000$281,75017.1%
Stallings10100%$254,000$204,75024.1%
Indian Trail322060%$249,750$212,25017.7%
Marshville12-50%$245,000$127,00092.9%
Lake Park31200%$147,000$195,000-24.6%
Monroe2627-3.7%$142,500$172,000-17.2%
Wingate30-$140,000$0-
Mineral Springs12-50%$75,000$194,000-61.3%

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