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Monday, November 25, 2024

Indian Trail median home prices rose by 26.5% in December 2019

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The median sale price of a home sold in December 2019 in Indian Trail rose by $54,250 while total sales increased by 14.3%, according to BlockShopper.com.

In December 2019, there were 40 homes sold, with a median sale price of $259,250 - a 26.5% increase over the $205,000 median sale price for the same period of the previous year. There were 35 homes sold in Indian Trail in December 2018.

The median sales tax in Indian Trail for 2019 was $1,509. In 2018, the median sales tax was $1,508. This marks an increase of 0.1%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 0.6%.

The following table compares Indian Trail to other Union County cities with similar median sale prices in December 2019:

CityDec. 2019 Home SalesDec. 2018 Home Sales% change (Total Home Sales)Dec. 2019 Median Sales PriceDec. 2018 Median Sales Price% change (Median Sales Price)
Marvin9650%$575,000$806,250-28.7%
Fairview220%$480,000$308,75055.5%
Waxhaw35350%$455,000$395,00015.2%
Wesley Chapel8560%$420,000$415,0001.2%
Unionville42100%$297,500$262,50013.3%
Indian Trail403514.3%$259,250$205,00026.5%
Stallings211631.3%$252,500$295,000-14.4%
Mineral Springs36-50%$238,000$405,000-41.2%
Monroe393318.2%$221,000$200,00010.5%
Lake Park220%$207,000$230,750-10.3%
Marshville880%$155,000$151,7502.1%

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