Cameron, NC
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Cameron Neighborhoods Since 2000




Cameron, 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

Cameron Housing Market Information

With a population of 295, 107 total housing units (homes and apartments), and a median house value of $179,447, Cameron real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Cameron, accounting for 66.94% of the town's housing units. Other types of housing that are prevalent in Cameron include mobile homes or trailers ( 33.06%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Cameron. Owner-occupied housing accounts for 76.64% of Cameron's homes, and 75.00% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Cameron 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 Cameron built between 1940-1969 ( 19.35%). A lesser amount of the housing stock also hails from before 1939 ( 16.13%). There's also some housing in Cameron built between 2000 and later ( 8.06%).

Vacant housing appears to be an issue in Cameron. Fully 13.71% of the housing stock is classified as vacant. Left unchecked, vacant Cameron homes and apartments can be a drag on the real estate market, holding Cameron 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.

Cameron Home Appreciation Rates

Appreciation rates for homes in Cameron have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 8.25%, which ranks in the top 40% nationwide. This equates to an annual average Cameron house appreciation rate of 0.80%.

Over the last year, Cameron appreciation rates have trailed the rest of the nation. In the last twelve months, Cameron's appreciation rate has been -0.90%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Cameron were at -0.54%, which equates to an annual appreciation rate of -2.13%.

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

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

Average Home Values

 

Median Home Value:
$179,447

Cameron, NC HOME PRICES

Value Range
> $1,032,000 2.4
$774,001 - $1,032,000 1.2
$516,001 - $774,000 6.2
$413,001 - $516,000 4.6
$310,001 - $413,000 1.0
$206,001 - $310,000 27.5
$103,001 - $206,000 21.6
$51,001 - $103,000 22.9
$0 - $51,000 12.7

High for NC
High for Nation

Value Relative to Nation Value Relative to State
38.3569670690261 29.7640653357532

Number Of Homes And Apartments:
107

Cameron 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
32.29% 1.64% 7 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$876 / per month

Homeownership Rate

Homeownership
Owners 76.64
Renters 23.36
Vacant 13.71

Housing Market Details

 

Age of Homes

AGE OF Cameron HOMES
2000 or Newer 8.1
1970 - 1999 56.5
1940 - 1969 19.4
1939 or Older 16.1

Types of Homes

TYPE OF Cameron HOMES
Single-Family 66.9
Townhomes 0.0
Small Apt. Buildings 0.0
Apt. Complexes 0.0
Mobile Homes 33.1
Other 0.0

Home Size

SIZE OF Cameron HOMES
No Bedroom 0.00
1 Bedroom 3.23
2 Bedrooms 18.55
3 Bedrooms 72.58
4 Bedrooms 2.42
5 or more bedrooms 3.23