Ayden, NC
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Ayden Neighborhoods Since 2000




Ayden, 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

Ayden Housing Market Information

With a population of 5,053, 2,044 total housing units (homes and apartments), and a median house value of $102,382, house prices in Ayden are solidly below the national average.

Single-family detached homes are the single most common housing type in Ayden, accounting for 72.86% of the town's housing units. Other types of housing that are prevalent in Ayden include duplexes, homes converted to apartments or other small apartment buildings ( 15.81%), large apartment complexes or high rise apartments ( 5.43%), and a few row houses and other attached homes ( 4.61%).

The most prevalent building size and type in Ayden are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 44.29% owning and 55.71% renting.

There is a lot of housing in Ayden built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Ayden built between 1940-1969 ( 37.23%). A lesser amount of the housing stock also hails from between 2000 and later ( 11.85%). There's also some housing in Ayden built before 1939 ( 7.58%).

Vacant housing appears to be an issue in Ayden. Fully 11.93% of the housing stock is classified as vacant. Left unchecked, vacant Ayden homes and apartments can be a drag on the real estate market, holding Ayden 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.

Ayden Home Appreciation Rates

Ayden's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Ayden during the period has been just -1.05%, which is lower than 70% of US communities.

Appreciation rates are so strong in Ayden that despite a nationwide downturn in the housing market, Ayden real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Ayden appreciation rates continue to be some of the highest in America, at 8.70%, which is higher than appreciation rates in 89.71% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Ayden. Ayden appreciation rates in the latest quarter were at 2.74%, which equates to an annual appreciation rate of 11.43%.

Importantly, this makes Ayden one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.

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

Average Home Values

 

Median Home Value:
$102,382

Ayden, NC HOME PRICES

Value Range
> $1,036,000 0.0
$777,001 - $1,036,000 1.0
$518,001 - $777,000 0.9
$415,001 - $518,000 0.0
$311,001 - $415,000 0.7
$207,001 - $311,000 9.3
$104,001 - $207,000 33.7
$52,001 - $104,000 42.1
$0 - $52,000 12.3

Low for NC
Low for Nation

Value Relative to Nation Value Relative to State
76.0869565217391 78.4029038112523

Number Of Homes And Apartments:
2,044

Ayden 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
21.53% 1.14% 4 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$820 / per month

Homeownership Rate

Homeownership
Owners 44.29
Renters 55.71
Vacant 11.93

Housing Market Details

 

Age of Homes

AGE OF Ayden HOMES
2000 or Newer 11.8
1970 - 1999 43.3
1940 - 1969 37.2
1939 or Older 7.6

Types of Homes

TYPE OF Ayden HOMES
Single-Family 72.9
Townhomes 4.6
Small Apt. Buildings 15.8
Apt. Complexes 5.4
Mobile Homes 1.3
Other 0.0

Home Size

SIZE OF Ayden HOMES
No Bedroom 0.52
1 Bedroom 11.25
2 Bedrooms 26.76
3 Bedrooms 52.18
4 Bedrooms 8.62
5 or more bedrooms 0.69