Is Trinity, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Trinity is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Trinity has remained a Seller's Market.

Key Takeaway

Trinity is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Trinity, NC

How much do homes in Trinity, NC cost?

Median Sold Price

$303,999

$166/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$18,999(+6.7%)

Key Takeaway

Homes in Trinity have sold for 6.7% more than they did a year ago.

Summary: The median home sold price in Trinity was $303,999 in May 2024, up 6.7% from last year, and the median price per square foot was $166.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $160K$165K
+3.1%
3 $256.5K$285K
+11.1%
4 $357.8K$327K
-8.6%
5+ $339.9K$395K
+16.2%

Summary: Trinity housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.1%, 3 bedroom homes increased by 11.1%, 4 bedroom homes decreased by 8.6%, and 5+ bedroom homes increased by 16.2%.

Median Sold Price Compared To Nearby Cities

Trinity
+6.7%
Thomasville
+6.7%
Thomasville Township
+5.6%
Trinity Township
+4.3%
Archdale
+0.6%

Housing Supply in Trinity, NC

How many homes are available in Trinity, NC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
8990+1.1%

Summary: The Trinity real estate market had 90 homes for sale in May 2024, a 1.1% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 44
0.0%
3 5755
-3.5%
4 2323
0.0%
5+ 58
+60.0%

Summary: The Trinity housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 3.5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 60%.

Number of Homes Sold

Apr 2024May 2024CHANGE
1920+5.3%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Trinity, you may be able to get a good deal. 70% of homes here sold below asking price last month.

Summary: A total of 20 homes were sold or pending in Trinity in May 2024, up by 5.3% month-over-month. Of the 20 sold homes, 70% were sold under asking, 20% were sold at asking, and 10% were sold over asking.

Days on Market for Trinity, NC

How long does it take to sell a home in Trinity, NC?

Average Sale Time

May 2023May 2024CHANGE
25 Days69 Days+177.6%

Summary: Homes in Trinity had an average of 69 days on market in May 2024, up by 177.6% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Trinity has remained consistent over time.

Summary: During May 2024, 20 homes were sold in Trinity; 35% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 8 Days Ago

Newest Listings in Trinity, NC

Nearby Markets to Trinity, NC

What housing markets are near Trinity, NC?