Beulaville, NC
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Beulaville, 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

Beulaville Housing Market Information

With a population of 1,330, 743 total housing units (homes and apartments), and a median house value of $98,461, house prices in Beulaville are solidly below the national average.

Single-family detached homes are the single most common housing type in Beulaville, accounting for 63.53% of the town's housing units. Other types of housing that are prevalent in Beulaville include duplexes, homes converted to apartments or other small apartment buildings ( 15.06%), large apartment complexes or high rise apartments ( 13.10%), and a few mobile homes or trailers ( 6.24%).

The most prevalent building size and type in Beulaville are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 49.39% owning and 50.61% renting.

There is a lot of housing in Beulaville 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 Beulaville built between 1940-1969 ( 27.78%). A lesser amount of the housing stock also hails from between 2000 and later ( 24.97%). There's also some housing in Beulaville built before 1939 ( 5.51%).

Beulaville Home Appreciation Rates

Real estate appreciation rates in Beulaville's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.39% during the period.

Over the last year, Beulaville appreciation rates have trailed the rest of the nation. In the last twelve months, Beulaville's appreciation rate has been 2.41%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Beulaville were at -0.54%, which equates to an annual appreciation rate of -2.13%.

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

Relative to North Carolina, our data show that Beulaville's latest annual appreciation rate is lower than 50% of the other cities and towns in North Carolina.

Average Home Values

 

Median Home Value:
$98,461

Beulaville, NC HOME PRICES

Value Range
> $1,031,000 0.1
$773,001 - $1,031,000 0.0
$516,001 - $773,000 0.6
$412,001 - $516,000 0.7
$309,001 - $412,000 3.2
$206,001 - $309,000 10.8
$103,001 - $206,000 34.6
$52,001 - $103,000 26.3
$0 - $52,000 23.7

Very Low for NC
Low for Nation

Value Relative to Nation Value Relative to State
78.6300246103363 80.2177858439201

Number Of Homes And Apartments:
743

Beulaville 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
40.49% 1.99% 8 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$762 / per month

Homeownership Rate

Homeownership
Owners 49.39
Renters 50.61
Vacant 9.06

Housing Market Details

 

Age of Homes

AGE OF Beulaville HOMES
2000 or Newer 25.0
1970 - 1999 41.7
1940 - 1969 27.8
1939 or Older 5.5

Types of Homes

TYPE OF Beulaville HOMES
Single-Family 63.5
Townhomes 2.1
Small Apt. Buildings 15.1
Apt. Complexes 13.1
Mobile Homes 6.2
Other 0.0

Home Size

SIZE OF Beulaville HOMES
No Bedroom 4.16
1 Bedroom 12.36
2 Bedrooms 31.95
3 Bedrooms 45.78
4 Bedrooms 5.75
5 or more bedrooms 0.00

Popular Neighborhoods in Beulaville

Zip Codes in Beulaville, NC