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This Month In Real Estate: Indian Trail (28079 Zip Code) November 2018
 
Indian Trail/28079 Zip Code Housing Market Update And Video: November 2018
 
 
Housing market information for Indian Trail, NC (28079 zip code), which includes the towns of Stallings, Hemby Bridge, and Lake Park in Union County, updated for November 2018. Home sales in the Indian Trail area showed a drop in average home prices for the first time all year, contrary to what we’re seeing in much of the rest of the Charlotte region. Also contrary are the lower days on market in the 28079 zip code. Inventory is up, as are new listings which grew substantially in November.


 
The average sale price of Indian Trail area homes decreased by 7% to just under $250,000 as compared with the same period one year ago. This is the lowest average sale price we've seen in three years. More than likely this reduction in average prices generated the big increase in pending sales in November and a significantly lower days on market.
Median sale price for Indian Trail area homes in November also decreased 2.7% versus one year ago to $255,000.
Average days on market for property listings in Indian Trail were 20 days (down 22 days compared with one year ago).
Median days on market stood at 11 days in November 2018 (down ... more

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