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Troutman, NC
Full City Profile · North Carolina · Iredell County County
3.3
/5.0
B
Good
3,813
Population
448/sq mi density
$76,389
Median Income
$39,773 per capita
$349,100
Home Value
$392,270 Zillow
$1,045
Median Rent
25.7% income on rent
57°F
Avg Temperature
310 sunny days/yr
145
Violent Crime/100K
2,432 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$76,389 median income, 4.1% unemployment
A
Affordability
4.1 / 5.0
$349,100 home value, $1,045/mo rent
F
Safety
1.0 / 5.0
145 violent crimes/100K
A
Education
4.1 / 5.0
38.7% bachelor's degree or higher
Housing Overview
Median Home Value
$349,100
24% above
US avg: $281,900
Median Rent
$1,045/mo
10% below
US avg: $1,163/mo
Homeownership Rate
78.5%
20% above US avg (65.4%)
Total Housing Units
1,467
Median year built: 1993
Home Value by Source
Census Median
$349,100
Zillow (ZHVI)
$392,270
Median Sale Price
$375,000
Median List Price
$364,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
78.5%
Owner-Occupied
21.5%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$932/mo
1 Bedroom
$981/mo
2 Bedroom
$1,161/mo
3 Bedroom
$1,499/mo
4 Bedroom
$1,780/mo
Census median rent:
$1,045/mo
· Zillow rent:
$1,990/mo
Market Indicators (Redfin)
Median Days on Market
113 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
17
Price Drops
25.3%
of listings with price reduction
Price Per Sq Ft
$171
Active Inventory
99
homes for sale
Affordability & Housing Stock
Rent Burden
25.7%
of renters spending 30%+ of income on housing
17% below US avg (31.0%)
Median Year Built
1993
Average age of housing stock: 33 years
Homeownership Rate
78.5%
Complete Housing Data
Home Values
| Census Median Value | $349,100 |
| Zillow Home Value (ZHVI) | $392,270 |
| Median Sale Price | $375,000 |
| Median List Price | $364,000 |
| Price Per Sq Ft | $171 |
Rent
| Census Median Rent | $1,045 |
| Zillow Rent (ZORI) | $1,990 |
| FMR Studio | $932 |
| FMR 1-Bedroom | $981 |
| FMR 2-Bedroom | $1,161 |
| FMR 3-Bedroom | $1,499 |
| FMR 4-Bedroom | $1,780 |
Market
| Days on Market | 113 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 25.3% |
| Homes Sold | 17 |
| Active Inventory | 99 |
| Price Per Sq Ft | $171 |
Ownership & Stock
| Owner-Occupied | 78.5% |
| Renter-Occupied | 21.5% |
| Homeownership Rate | 78.5% |
| Total Housing Units | 1,467 |
| Median Year Built | 1993 |
| Rent Burden | 25.7% |