Catawba, NC
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Catawba Neighborhoods Since 2000




Catawba, 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

Catawba Housing Market Information

With a population of 618, 250 total housing units (homes and apartments), and a median house value of $130,981, house prices in Catawba are solidly below the national average.

Single-family detached homes are the single most common housing type in Catawba, accounting for 70.48% of the town's housing units. Other types of housing that are prevalent in Catawba include mobile homes or trailers ( 12.92%), large apartment complexes or high rise apartments ( 11.81%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 3.69%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Catawba. Owner-occupied housing accounts for 73.60% of Catawba's homes, and 62.73% have either three or four bedrooms, which is average sized relative to America.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Catawba's housing was primarily built during this period, from the '40s through the '60s. A full 41.33% of the town's housing hails from this era. Other housing ages represented in Catawba include homes built between 1970-1999 ( 39.85%) and housing constructed before 1939 ( 10.70%). There's also some housing in Catawba built between 2000 and later ( 8.12%).

Catawba Home Appreciation Rates

Catawba's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Catawba during the period has been just -1.22%, which is lower than 70% of US communities.

Over the last year, Catawba appreciation rates have trailed the rest of the nation. In the last twelve months, Catawba's appreciation rate has been 0.91%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Catawba were at -1.33%, which equates to an annual appreciation rate of -5.22%.

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

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

Average Home Values

 

Median Home Value:
$130,981

Catawba, NC HOME PRICES

Value Range
> $1,006,000 0.7
$755,001 - $1,006,000 0.6
$503,001 - $755,000 4.4
$403,001 - $503,000 2.2
$302,001 - $403,000 7.1
$201,001 - $302,000 14.3
$100,001 - $201,000 27.6
$50,001 - $100,000 29.8
$0 - $50,000 13.2

Average for NC
Average for Nation

Value Relative to Nation Value Relative to State
59.3402086018985 54.9909255898367

Number Of Homes And Apartments:
250

Catawba 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
15.64% 0.85% 3 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$886 / per month

Homeownership Rate

Homeownership
Owners 73.60
Renters 26.40
Vacant 7.75

Housing Market Details

 

Age of Homes

AGE OF Catawba HOMES
2000 or Newer 8.1
1970 - 1999 39.9
1940 - 1969 41.3
1939 or Older 10.7

Types of Homes

TYPE OF Catawba HOMES
Single-Family 70.5
Townhomes 1.1
Small Apt. Buildings 3.7
Apt. Complexes 11.8
Mobile Homes 12.9
Other 0.0

Home Size

SIZE OF Catawba HOMES
No Bedroom 3.69
1 Bedroom 1.48
2 Bedrooms 30.26
3 Bedrooms 32.10
4 Bedrooms 30.63
5 or more bedrooms 1.85