Bladenboro, NC
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Bladenboro Neighborhoods Since 2000




Bladenboro, 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

Bladenboro Housing Market Information

With a population of 1,726, 781 total housing units (homes and apartments), and a median house value of $78,140, house prices in Bladenboro 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 Bladenboro, accounting for 62.26% of the town's housing units. Other types of housing that are prevalent in Bladenboro include duplexes, homes converted to apartments or other small apartment buildings ( 18.39%), mobile homes or trailers ( 14.80%), and a few large apartment complexes or high rise apartments ( 3.70%).

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

There is a lot of housing in Bladenboro 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 Bladenboro built between 1940-1969 ( 27.91%). A lesser amount of the housing stock also hails from before 1939 ( 8.99%). There's also some housing in Bladenboro built between 2000 and later ( 4.65%).

Vacant housing appears to be an issue in Bladenboro. Fully 17.44% of the housing stock is classified as vacant. Left unchecked, vacant Bladenboro homes and apartments can be a drag on the real estate market, holding Bladenboro 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.

Bladenboro Home Appreciation Rates

Real estate appreciation rates in Bladenboro's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.80% during the period.

Over the last year, Bladenboro appreciation rates have trailed the rest of the nation. In the last twelve months, Bladenboro's appreciation rate has been 2.59%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Bladenboro were at -0.54%, which equates to an annual appreciation rate of -2.13%.

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

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

Average Home Values

 

Median Home Value:
$78,140

Bladenboro, NC HOME PRICES

Value Range
> $1,047,000 0.8
$786,001 - $1,047,000 0.0
$524,001 - $786,000 0.0
$419,001 - $524,000 0.0
$314,001 - $419,000 2.0
$210,001 - $314,000 3.8
$105,001 - $210,000 26.2
$52,001 - $105,000 46.2
$0 - $52,000 21.0

Very Low for NC
Very Low for Nation

Value Relative to Nation Value Relative to State
91.6383452478612 94.1923774954628

Number Of Homes And Apartments:
781

Bladenboro 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
30.29% 1.55% 6 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$785 / per month

Homeownership Rate

Homeownership
Owners 36.49
Renters 63.51
Vacant 17.44

Housing Market Details

 

Age of Homes

AGE OF Bladenboro HOMES
2000 or Newer 4.7
1970 - 1999 58.5
1940 - 1969 27.9
1939 or Older 9.0

Types of Homes

TYPE OF Bladenboro HOMES
Single-Family 62.3
Townhomes 0.8
Small Apt. Buildings 18.4
Apt. Complexes 3.7
Mobile Homes 14.8
Other 0.0

Home Size

SIZE OF Bladenboro HOMES
No Bedroom 0.00
1 Bedroom 14.27
2 Bedrooms 41.86
3 Bedrooms 35.41
4 Bedrooms 7.93
5 or more bedrooms 0.53

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Zip Codes in Bladenboro, NC