Bolivia, NC
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Bolivia Neighborhoods Since 2000




Bolivia, 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

Bolivia Housing Market Information

With 151 people, 83 houses or apartments, and a median cost of homes of $182,232, Bolivia real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Bolivia, accounting for 69.57% of the town's housing units. Other types of housing that are prevalent in Bolivia include mobile homes or trailers ( 28.26%), duplexes, homes converted to apartments or other small apartment buildings ( 2.17%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Bolivia. Owner-occupied housing accounts for 74.70% of Bolivia's homes, and 79.35% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Bolivia 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 Bolivia built between 2000 and later ( 28.26%). A lesser amount of the housing stock also hails from between 1940-1969 ( 26.09%). There's also some housing in Bolivia built before 1939 ( 8.70%).

Bolivia Home Appreciation Rates

Bolivia's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Bolivia during the period has been just -1.41%, which is lower than 80% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Bolivia's appreciation rate, at 5.05%, has been at or slightly above the national average. In the latest quarter, Bolivia's appreciation rate has been 1.32%, which annualizes to a rate of 5.39%.

Relative to North Carolina, our data show that Bolivia's latest annual appreciation rate is higher than 70% of the other cities and towns in North Carolina.

Average Home Values

 

Median Home Value:
$182,232

Bolivia, NC HOME PRICES

Value Range
> $1,117,000 0.3
$838,001 - $1,117,000 0.0
$559,001 - $838,000 0.2
$446,001 - $559,000 1.3
$335,001 - $446,000 5.4
$223,001 - $335,000 23.0
$112,001 - $223,000 46.6
$56,001 - $112,000 18.8
$0 - $56,000 4.5

High for NC
High for Nation

Value Relative to Nation Value Relative to State
37.4106410406657 29.1288566243194

Number Of Homes And Apartments:
83

Bolivia 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
45.02% 2.18% 8 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,065 / per month

Homeownership Rate

Homeownership
Owners 74.70
Renters 25.30
Vacant 9.78

Housing Market Details

 

Age of Homes

AGE OF Bolivia HOMES
2000 or Newer 28.3
1970 - 1999 37.0
1940 - 1969 26.1
1939 or Older 8.7

Types of Homes

TYPE OF Bolivia HOMES
Single-Family 69.6
Townhomes 0.0
Small Apt. Buildings 2.2
Apt. Complexes 0.0
Mobile Homes 28.3
Other 0.0

Home Size

SIZE OF Bolivia HOMES
No Bedroom 0.00
1 Bedroom 0.00
2 Bedrooms 20.65
3 Bedrooms 64.13
4 Bedrooms 15.22
5 or more bedrooms 0.00