Zip Code:

28079, Indian Trail, NC

28079 is a North Carolina Zip code within the city of Indian Trail and the county of Union County. Its population is roughly 37,694.

The Real Estate Market in the 28079 Zip Code of Indian Trail, NC

Indian Trail is located in the 28079 zip code. Indian Trail has a population of approximately 25,000 people. The median household income in Indian Trail is $101,000. The median home value in Indian Trail is $225,000.

The 28079 zip code has seen a significant increase in home equity and home prices over the past few years. In 2014, the median home value was $175,000. In 2015, the median home value increased to $185,000 and continued to grow each year since then. As of December 2017, the median home value was $225,000. This growth can be attributed to several factors including low interest rates and increasing demand for homes in the area due to an influx of new residents and businesses.

While there are many benefits to having a high home equity and home prices in an area such as Indian Trail, there are also some potential risks associated with these trends. One potential risk is that if interest rates rise or if the market for homes in Indian Trail dries up suddenly, homeowners could find themselves facing difficult financial decisions regarding their homes. Another potential risk is that if a homeowner decides to sell their house quickly or at a lower price than they would have liked, they may not receive as much money for their house as they expected. While these risks are always possible no matter what type of market conditions exist, it is important for homeowners to be aware of them so that they can make informed decisions about their investments

Price Index: Charlotte-Concord-Gastonia, NC-SC

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