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Friday, November 1, 2024

Home prices increased in Indian Trail during the first quarter of 2021

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The median sale price of a home sold in the first quarter of 2021 in Indian Trail rose by $37,000 while total sales decreased by 10.7%, according to BlockShopper.com.

From January through March of 2021, there were 109 homes sold, with a median sale price of $318,000 - a 13.2% increase over the $281,000 median sale price for the same period of the previous year. There were 122 homes sold in Indian Trail in the first quarter of 2020.

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 the first quarter of 2021.

The following table compares Indian Trail to other Union County cities with similar median sale prices in the first quarter of 2021:

CityJan. - Mar. 2021 Home SalesJan. - Mar. 2020 Home Sales% change (Total Home Sales)Jan. - Mar. 2021 Median Sales PriceJan. - Mar. 2020 Median Sales Price% change (Median Sales Price)
Weddington302142.9%$732,250$600,00022%
Wesley Chapel191618.8%$475,000$411,00015.6%
Waxhaw113132-14.4%$421,500$358,50017.6%
Matthews68-25%$411,500$413,500-0.5%
Stallings3349-32.7%$326,000$295,00010.5%
Indian Trail109122-10.7%$318,000$281,00013.2%
Unionville913-30.8%$310,000$255,00021.6%
Hemby Bridge3250%$296,000$250,75018%
Lake Park510-50%$259,000$225,00015.1%
Monroe1261195.9%$250,000$232,0007.8%
Fairview93200%$250,000$450,000-44.4%

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