Ahoskie, NC
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Ahoskie, NC Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Ahoskie Housing Market Information

With a population of 4,910, 1,913 total housing units (homes and apartments), and a median house value of $73,562, house prices in Ahoskie are some of the most affordable in North Carolina as well as the nation.

Single-family detached homes are the single most common housing type in Ahoskie, accounting for 60.43% of the town's housing units. Other types of housing that are prevalent in Ahoskie include duplexes, homes converted to apartments or other small apartment buildings ( 21.82%), large apartment complexes or high rise apartments ( 7.16%), and a few row houses and other attached homes ( 5.37%).

People in Ahoskie primarily live in small (one, two or no bedroom) single-family detached homes. Ahoskie has a mixture of owner-occupied and renter-occupied housing.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Ahoskie's housing was primarily built during this period, from the '40s through the '60s. A full 43.50% of the town's housing hails from this era. Other housing ages represented in Ahoskie include homes built between 1970-1999 ( 41.49%) and housing constructed between 2000 and later ( 8.81%). There's also some housing in Ahoskie built before 1939 ( 6.20%).

Vacant housing appears to be an issue in Ahoskie. Fully 16.54% of the housing stock is classified as vacant. Left unchecked, vacant Ahoskie homes and apartments can be a drag on the real estate market, holding Ahoskie real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Ahoskie Home Appreciation Rates

Ahoskie's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Ahoskie during the period has been just -1.53%, which is lower than 80% of US communities.

Over the last year, Ahoskie appreciation rates have trailed the rest of the nation. In the last twelve months, Ahoskie's appreciation rate has been -5.54%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Ahoskie were at -0.63%, which equates to an annual appreciation rate of -2.48%.

Notably, Ahoskie's appreciation rate in the latest quarter is one of the lowest in America.

Relative to North Carolina, our data show that Ahoskie's latest annual appreciation rate is lower than 90% of the other cities and towns in North Carolina.

Average Home Values

 

Median Home Value:
$73,562

Ahoskie, NC HOME PRICES

Value Range
> $950,000 0.1
$713,001 - $950,000 0.1
$475,001 - $713,000 0.4
$380,001 - $475,000 0.2
$285,001 - $380,000 3.4
$190,001 - $285,000 7.9
$95,001 - $190,000 28.6
$47,001 - $95,000 35.3
$0 - $47,000 24.1

Very Low for NC
Very Low for Nation

Value Relative to Nation Value Relative to State
93.7653814602133 96.551724137931

Number Of Homes And Apartments:
1,913

Ahoskie Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NC*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
10.87% 0.60% 2 1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$817 / per month

Homeownership Rate

Homeownership
Owners 39.96
Renters 60.04
Vacant 16.54

Housing Market Details

 

Age of Homes

AGE OF Ahoskie HOMES
2000 or Newer 8.8
1970 - 1999 41.5
1940 - 1969 43.5
1939 or Older 6.2

Types of Homes

TYPE OF Ahoskie HOMES
Single-Family 60.4
Townhomes 5.4
Small Apt. Buildings 21.8
Apt. Complexes 7.2
Mobile Homes 5.2
Other 0.0

Home Size

SIZE OF Ahoskie HOMES
No Bedroom 3.01
1 Bedroom 8.68
2 Bedrooms 37.57
3 Bedrooms 38.74
4 Bedrooms 9.77
5 or more bedrooms 2.23

Popular Neighborhoods in Ahoskie

Zip Codes in Ahoskie, NC