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Troutman

Troutman

Located in Iredell County

$674,295 Average Value
$194 Average Price per Sq Ft
226 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.

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.

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.

A large custom home in Troutman, just north of Charlotte.
A large custom home in Troutman, just north of Charlotte.
This Troutman home on Lake Norman has it's own beach.
This Troutman home on Lake Norman has it's own beach.
A few of the large homes in the Bells Crossing neighborhood in Troutman.
A few of the large homes in the Bells Crossing neighborhood in Troutman.
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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 enjoy the playground.
Students at Troutman Elementary School enjoy the playground.
The spirit rock at Troutman Middle School.
The spirit rock at Troutman Middle School.
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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.
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 Whitney Daigle, 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

Troutman Housing Trends

Housing Trends

Median List Price
$414,979
Median Sale Price
$400,450
Median Single Family Sale Price
$410,690
Median Townhouse Sale Price
$293,010
Median Change From 1st List Price
2%
Last 12 months Home Sales
564
Median Home Sale Price YoY Change
$1
Average Price Per Sq Ft
$194

Neighborhood Facts

Number of Homes for Sale
226
Months of Supply
4.80

Open Houses

  • Saturday, Jun 28
    12 - 2pm

    402 Wildlife Rd, Troutman, NC 28166

    $1,350,000

    • 4 Beds
    • 3 Baths
    • 2,564 Sq Ft
    • 402 Wildlife Rd
    • New 9 days ago

    Your private lakefront retreat with no HOA awaits! This stunning 4-bed, 3-bath waterfront ranch w/ a finished walkout basement is tucked near Lake Norman State Park surrounded by walking & biking trails. Renovated with cathedral ceilings on the main level, it blends modern luxury with lakeside living. The gourmet kitchen offers quartz countertops, custom tile backsplash, flat-top stove with

    Brezandia Gaither BG Luxe Realty

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  • Sunday, Jun 29
    2 - 4pm

    454 N Eastway Dr, Troutman, NC 28166

    $485,000

    • 3 Beds
    • 2.5 Baths
    • 2,528 Sq Ft
    • 454 N Eastway Dr
    • New 19 days ago

    Looking for Charm & Character? Then look no further. This immaculate home in the heart of Troutman offers it all! .93 Acre Lot adjoins to the Troutman ESC Park w/ walking trails right from the backyard. NO HOA'S. Home offers 3 bedrooms, 2.5 bathrooms plus 2 Flex Rooms on the main level & a Huge Bonus Room w/ Half Bath over the garage. Lovely sunroom on the main level. New Heat Pump 2025.New Roof

    Debi Hepfer Lake Norman Realty, Inc.

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  • Saturday, Jun 28
    8am - 7pm

    177 Jacobs Woods Cir, Troutman, NC 28166

    $342,000

    • 3 Beds
    • 2.5 Baths
    • 1,945 Sq Ft
    • 177 Jacobs Woods Cir

    100-Day Home Warranty coverage available at closing.Seller may consider buyer concessions if made in an offer. Fantastic home in sought after location! This home has Fresh Interior Paint, Partial flooring replacement in some areas. A fireplace and a soft neutral color palette create a solid blank canvas for the living area. Head to the spacious primary suite with good layout. Take advantage of

    Whitney Hunt Sailors Opendoor Brokerage LLC

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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

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
On par with the national average
$71,702
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
65.1%

Weather

Annual Precipitation
47''
Average Winter Low Temperature
27°F
Average Summer High Temperature
87°F
Annual Snowfall
0''
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