Troutman, North Carolina, is a charming small town nestled in Iredell County, approximately 35 miles north of Charlotte. With a population of 3,698 as per the 2020 census, this quaint community is experiencing significant growth due to residential development, with projections to exceed 11,000 residents in the future. The town boasts a serene, community-focused lifestyle, highlighted by attractions like Zootastic Park, where both locals and visitors can enjoy close encounters with exotic animals. Troutman is also near Lake Norman State Park, offering ample opportunities for outdoor activities such as hiking, biking, and boating. The town's downtown area features a mix of local shops and eateries, contributing to its small-town charm. Additionally, Troutman hosts community events like the annual Independence Day Parade and Celebration, fostering a strong sense of community.
Troutman currently has 221 single family homes for sale with an average list price of $562,013.48, 8 townhouses for sale with an average list price of $295,428.75, and 46 lots for sale with an average list price of $791,879.13.
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Troutman, i.e. what's hot and what's not.
See What's Hot & What's Not in TroutmanTroutman home sales for the month of February rose in volume by 8.3% when compared to last year, while the median sale price rose by 11.4% from $385,500 to $429,500. House sales rose by 8.3%, while the median sale price rose by 11.4% from $385,500 to $429,500.
323
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344
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424
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551
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2021 | 2022 | 2023 | 2024 |
# of sales per year |
$342,000
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$379,515
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$397,183
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$410,895
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2021 | 2022 | 2023 | 2024 |
median sale price per year |
HomesByMarco agents are experts in the area. If you're looking to buy or sell a home, give us a call today at 888-326-2726.