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Tuesday, November 5, 2024

Home prices increased in Indian Trail during October 2020

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The median sale price of a home sold in October 2020 in Indian Trail rose by $9,500 while total sales decreased by 52.5%, according to BlockShopper.com.

In October 2020, there were 28 homes sold, with a median sale price of $277,500 - a 3.5% increase over the $268,000 median sale price for the same period of the previous year. There were 59 homes sold in Indian Trail in October 2019.

The median sales tax in Indian Trail for the most recent year with available data, 2019, was $1,509, approximately 0.5% of the median home sale price for October 2020.

The following table compares Indian Trail to other Union County cities with similar median sale prices in October 2020:

CityOct. 2020 Home SalesOct. 2019 Home Sales% change (Total Home Sales)Oct. 2020 Median Sales PriceOct. 2019 Median Sales Price% change (Median Sales Price)
Mineral Springs21100%$542,500$268,000102.4%
Wesley Chapel34-25%$515,000$426,50020.8%
Waxhaw3653-32.1%$507,500$353,00043.8%
Unionville27-71.4%$437,500$270,00062%
Fairview3250%$320,000$110,000190.9%
Stallings1419-26.3%$301,000$260,00015.8%
Indian Trail2859-52.5%$277,500$268,0003.5%
Monroe2649-46.9%$245,000$210,00016.7%
Hemby Bridge15-80%$197,500$223,000-11.4%
Marshville3250%$180,000$210,250-14.4%
Lake Park16-83.3%$110,000$207,000-46.9%

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