East Bend, NC
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating East Bend Neighborhoods Since 2000




East Bend, 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

East Bend Housing Market Information

With a population of 600, 221 total housing units (homes and apartments), and a median house value of $131,682, house prices in East Bend are solidly below the national average.

Single-family detached homes are the single most common housing type in East Bend, accounting for 81.56% of the town's housing units. Other types of housing that are prevalent in East Bend include mobile homes or trailers ( 17.73%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in East Bend. Owner-occupied housing accounts for 75.11% of East Bend's homes, and 69.86% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in East Bend 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 East Bend built between 1940-1969 ( 34.40%). A lesser amount of the housing stock also hails from before 1939 ( 17.38%). There's also some housing in East Bend built between 2000 and later ( 5.32%).

Vacant housing appears to be an issue in East Bend. Fully 21.63% of the housing stock is classified as vacant. Left unchecked, vacant East Bend homes and apartments can be a drag on the real estate market, holding East Bend 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.

East Bend Home Appreciation Rates

Real estate appreciation rates in East Bend's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.35% during the period.

Over the last year, East Bend appreciation rates have trailed the rest of the nation. In the last twelve months, East Bend's appreciation rate has been 1.14%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in East Bend were at -1.84%, which equates to an annual appreciation rate of -7.17%.

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

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

Average Home Values

 

Median Home Value:
$131,682

East Bend, NC HOME PRICES

Value Range
> $1,016,000 0.3
$762,001 - $1,016,000 1.6
$508,001 - $762,000 1.1
$407,001 - $508,000 1.5
$305,001 - $407,000 7.3
$203,001 - $305,000 11.3
$102,001 - $203,000 42.5
$51,001 - $102,000 22.1
$0 - $51,000 12.3

Average for NC
Average for Nation

Value Relative to Nation Value Relative to State
58.9710535567796 53.9019963702359

Number Of Homes And Apartments:
221

East Bend 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
5.87% 0.33% 1 1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$753 / per month

Homeownership Rate

Homeownership
Owners 75.11
Renters 24.89
Vacant 21.63

Housing Market Details

 

Age of Homes

AGE OF East Bend HOMES
2000 or Newer 5.3
1970 - 1999 42.9
1940 - 1969 34.4
1939 or Older 17.4

Types of Homes

TYPE OF East Bend HOMES
Single-Family 81.6
Townhomes 0.0
Small Apt. Buildings 0.4
Apt. Complexes 0.4
Mobile Homes 17.7
Other 0.0

Home Size

SIZE OF East Bend HOMES
No Bedroom 0.00
1 Bedroom 1.42
2 Bedrooms 25.53
3 Bedrooms 64.54
4 Bedrooms 5.32
5 or more bedrooms 3.19