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Troutman

Troutman

Located in Iredell County

$483,295 Average Value
$206 Average Price per Sq Ft
196 Homes For Sale

Quickly growing Charlotte suburb on Lake Norman

It's an understatement to say the historic neighborhood of Troutman is on Lake Norman. In reality, branching fingers of the lake and the untouched greenery of a state park stretch deep into this community 36 miles due north of Charlotte. Finding a home here is challenging because the neighborhood is growing rapidly. But those who manage to buy a house in Troutman enjoy not just the water access but also highly rated schools and yards as large as ¾ acre. "This area is expanding so quickly that if you have your eye on a property, you should snap it up," says Michelle Hovey, owner/broker at The Alexander Realty Group, who lives in nearby Davidson and constantly watches market trends. "The taxes and prices are also lower than some of the neighboring towns," she says. Troutman's roots date back to the 1750s, when immigrants from Pennsylvania, New Jersey and Maryland first arrived to take advantage of the available land in North Carolina's Piedmont region. Once settled, the newcomers cleared farms, built homes and barns, raised livestock and planted crops. Around this time, Jacob Trautman arrived with his mother and immediately became a landowner. In 1778, a deed for 200 acres was issued in the name of Jacob Troutman, with the last name spelled differently.

Visitors can enjoy the views and activities of the popular Lake Norman State Park.
Visitors can enjoy the views and activities of the popular Lake Norman State Park.
Troutman Village is a mainstay for essentials, anchored by Food Lion.
Troutman Village is a mainstay for essentials, anchored by Food Lion.
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Recreation on Lake Norman is a major draw for residents

The major draw for residents is access to Lake Norman, which was created between 1959 and 1964 as part of the Cowan's Ford Dam construction. It is the state's largest artificial body of water. The 34-mile lake, with 150 miles of shoreline, attracts visitors from all over for its water recreation and serene setting. Norman State Park, less than 2 miles from Troutman, boasts the Itusi Trail, a nearly 31-mile mountain biking trail. Park Lake, set off from the larger Lake Norman, offers quiet spots for fishing and paddling. Troutman also has a park of its own, the Troutman ESC Park. Its amenities include a playground, splash pad, fitness trail, softball/baseball fields, a dog park and sand volleyball courts.

There are many serene places for visitors to stop enjoy the views of Lake Norman State Park.
There are many serene places for visitors to stop enjoy the views of Lake Norman State Park.
Lake Norman State Park beach area is popular with locals to beat the summer heat.
Lake Norman State Park beach area is popular with locals to beat the summer heat.
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Home styles include Cape Cods, ranches and modern traditionals

The three- to five-bedroom homes here are larger than average and sit on plots of land ranging in size from a 1/4-acre to 3/4 acre, offering ample space for a dog run or gazebo. Architecturally, the houses run the gamut from Cape Cod to ranch-style to modern traditional. There are also a lot of new construction homes. Prices range from $300,000 to $450,000 and get more expensive closer to the lake. The oak-tree-lined streets are clean and well-kept, but there are no sidewalks.

Large custom homes can be found in Troutman, just north of Charlotte.
Large custom homes can be found in Troutman, just north of Charlotte.
Some Troutman homes on Lake Norman have their own beach.
Some Troutman homes on Lake Norman have their own beach.
The Bells Crossing neighborhood in Troutman has some large new builds.
The Bells Crossing neighborhood in Troutman has some large new builds.
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Students attend well-rated public schools

Local schools are highly rated. Students may start their education at Lakeshore Elementary, a North Carolina STEM school of distinction that has an A-minus grade from Niche. Troutman Middle School received a B grade, and Lake Norman High School has an A-minus from Niche. Academic programs include world languages and a career & technical education department.

Students at Troutman Elementary School can enjoy the playground.
Students at Troutman Elementary School can enjoy the playground.
The spirit rock at Troutman Middle School is on display for all to see.
The spirit rock at Troutman Middle School is on display for all to see.
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Shopping in Mooreseville and local restaurants

For residents, the closest grocery store is Food Lion, a 3-mile drive. Though there are a few small retail stores in Troutman, like Goodwill and FALL INTO WINTER VARIETY STORE, most residents make the 10-mile drive to downtown Mooresville for major shopping and dining. Specialty shops feature unique home décor, chic fashions, hand-made jewelry, antiques and fine art. Locally owned restaurants offer a selection of casual and fine dining. Bae's Burgers and Big Tiny's BBQ are local favorites. Another choice for more formal dining is 158 on Main, which features haute cuisine, drinks, and live music on weekends. There are also options for regionally crafted beers, gourmet coffees, uniquely distilled cocktails and wine selections.

Carolina Balloonfest and Zootastic entertain locals

Troutman is the home of the annual Carolina Balloonfest, held at the Iredell County Fairgrounds, known as the second oldest hot air balloon festival in the country. All year round, families can visit Zootastic, a family-owned zoo with a wide range of exotic animals, such as tigers, lions, leopards, giraffes, monkeys, lemurs and more. Zootastic also offers tours, camps and educational programs. Troutman residents can drive four miles to Daveste' Vineyards, the first winery in Iredell County, which annually produces 1,000 cases of wine. The rustic, timber frame-style tasting room is open year-round and serves as an art gallery displaying artwork by local North Carolina artists.

Commuting to Charlotte via Interstate 77

Troutman residents are car-dependent. Charlotte is 36 miles away, and the main thoroughfare in and out of town is Interstate 77. The closest airport is Charlotte Douglas International, a 39-mile drive.

Interstates 77 & 40 are easily accessible from Troutman.
Interstates 77 & 40 are easily accessible from Troutman.
iCats, the Iredell County Bus system in Troutman, helps residents get around without personal vehicles.
iCats, the Iredell County Bus system in Troutman, helps residents get around without personal vehicles.
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Susan Pascal
Written By
Susan Pascal
Scott Brotherton
Photography Contributed By
Scott Brotherton
Matthew Bloch
Video By
Matthew Bloch

Interested in learning more about homes in this area? Reach out to Akilah Yaminah Walton, an experienced agent in this area.

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Parks in this Area

Area Facts

Number of Homes
4,669
Number of Homes for Sale
196
Median Year Built
2004
Months of Supply
3.90
Average Single Family Home Size Sq Ft
2,122
Above the national average
1,932
Average Townhouse Size Sq Ft
1,623
Average 2 Bedroom Size Sq Ft
1,200
Median Lot Size Sq Ft
14,810

Open Houses

  • Sunday, May 31
    Open Sun 1PM - 3PM

    202 Streamwood Rd, Troutman, NC 28166

    $1,100,000

    • 5 Beds
    • 4 Baths
    • 3,636 Sq Ft
    • 202 Streamwood Rd
    • New 5 days ago

    Nestled on a private, wooded lot in desirable Falls Cove near Safe Harbor Skippers Landing and lake access, this stunning custom home offers exceptional indoor and outdoor living with upscale finishes throughout. Inside, you’ll find soaring 10-foot ceilings, durable luxury flooring, abundant natural light, and thoughtfully designed spaces perfect for both everyday living and entertaining. A

    Agent Photo
    Matt Sarver
    Keller Williams Lake Norman
    (980) 577-6959
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  • Friday, May 29
    Open Fri 10AM - 5PM

    153 Asmodean Ln, Troutman, NC 28166

    $489,000

    • 5 Beds
    • 4 Baths
    • 2,936 Sq Ft
    • 153 Asmodean Ln

    New Summit Floorplan with Covered Front Porch! Experience luxury in the spacious new construction Summit plan! The gourmet kitchen features white cabinets, quartz countertops, a butler’s pantry, double wall oven, and gas cooktop—perfect for entertaining. A main-level guest bedroom with full bath offers ideal space for visitors. Upstairs, the expansive primary suite boasts a trey ceiling, spa-like

    Maria Wilhelm DR Horton Inc

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  • Sunday, May 31
    Open Sun 1PM - 3PM

    129 Slip Shot Ln, Fallstown, NC 28166

    $399,995

    • 3 Beds
    • 2.5 Baths
    • 2,041 Sq Ft
    • 129 Slip Shot Ln
    • New 13 days ago

    MOVE IN READY! Nestled in the desirable Falls Cove community of Lake Norman, this meticulously maintained home offers the perfect blend of comfort, convenience, and modern living. The open-concept floor plan creates an inviting atmosphere ideal for both everyday living and entertaining, while the tree-lined backyard provides a peaceful and private retreat. A dedicated office space makes working

    Eric Maynard Keller Williams Unified

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Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Troutman Has More Owners

Rental Home Trends

Number of Homes for Rent
22
Median Rent
$2,147
Median Single Family Home Rent
$2,065
Median 4 Bedroom Single Family Home Rent
$2,170
Median Townhouse Rent
$1,850
Median 3 Bedroom Townhouse Rent
$1,850
Median Condo Rent
$2,100
Median 2 Bedroom Condo Rent
$2,100

Demographics

Total Population
5,539
Median Age
43
Population under 18
22.4%
On par with the national average
23.8%
Population over 65
19.4%
On par with the national average
19.1%

Finances

Median Household Income
$71,424
Below the national average
$79,597
Average Household Income
$95,187

Education and Workforce

High School Graduates
89.3%
College Graduates
25.4%
Below the national average
34.1%
Advanced Degrees
8.2%
% Population in Labor Force
70.8%
Above the national average
64.9%

Weather

Annual Precipitation
47''
Average Winter Low Temperature
27°F
Average Summer High Temperature
87°F
Annual Snowfall
1''

Area Factors

Somewhat friendly

Bikeability®

20 / 100

Somewhat friendly

Walkability®

20 / 100
Source: Local Logic
Sources: Local Logic

Local Logic measures the walkability, access to public transit and bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Troutman