Graham, NC
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Graham Neighborhoods Since 2000




Graham, 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

Graham Housing Market Information

With a population of 14,647, 5,937 total housing units (homes and apartments), and a median house value of $140,498, Graham real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Graham, accounting for 61.52% of the city's housing units. Other types of housing that are prevalent in Graham include large apartment complexes or high rise apartments ( 15.25%), duplexes, homes converted to apartments or other small apartment buildings ( 10.07%), and a few mobile homes or trailers ( 9.08%).

The most prevalent building size and type in Graham are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 54.27% owning and 45.73% renting.

There is a lot of housing in Graham 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 Graham built between 1940-1969 ( 34.46%). A lesser amount of the housing stock also hails from between 2000 and later ( 14.18%). There's also some housing in Graham built before 1939 ( 6.40%).

Graham Home Appreciation Rates

Real estate appreciation rates in Graham's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.33% during the period.

NeighborhoodScout's data show that during the latest twelve months, Graham's appreciation rate, at 4.51%, has been at or slightly above the national average. In the latest quarter, Graham's appreciation rate has been 1.27%, which annualizes to a rate of 5.18%.

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

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Graham differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Graham - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Graham real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$140,498

Graham, NC HOME PRICES

Value Range
> $1,062,000 0.0
$797,001 - $1,062,000 0.2
$531,001 - $797,000 0.6
$425,001 - $531,000 0.8
$319,001 - $425,000 1.4
$213,001 - $319,000 8.1
$106,001 - $213,000 49.3
$53,001 - $106,000 29.1
$0 - $53,000 10.6

Average for NC
Average for Nation

Value Relative to Nation Value Relative to State
54.5148247978437 48.4573502722323

Number Of Homes And Apartments:
5,937

Graham 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
7.45% 0.42% 2 1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$945 / per month

Homeownership Rate

Homeownership
Owners 54.27
Renters 45.73
Vacant 7.06

Housing Market Details

 

Age of Homes

AGE OF Graham HOMES
2000 or Newer 14.2
1970 - 1999 45.0
1940 - 1969 34.5
1939 or Older 6.4

Types of Homes

TYPE OF Graham HOMES
Single-Family 61.5
Townhomes 4.1
Small Apt. Buildings 10.1
Apt. Complexes 15.2
Mobile Homes 9.1
Other 0.0

Home Size

SIZE OF Graham HOMES
No Bedroom 1.08
1 Bedroom 7.98
2 Bedrooms 36.73
3 Bedrooms 48.06
4 Bedrooms 5.57
5 or more bedrooms 0.58