Hayesville, NC
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Hayesville, NC Real Estate Data


Hayesville Housing Market Information

With a population of 364, 201 total housing units (homes and apartments), and a median house value of $149,196, Hayesville 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 Hayesville, accounting for 63.12% of the town's housing units. Other types of housing that are prevalent in Hayesville include large apartment complexes or high rise apartments ( 16.35%), mobile homes or trailers ( 12.55%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 7.98%).

People in Hayesville primarily live in small (one, two or no bedroom) single-family detached homes. Hayesville has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in Hayesville 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 Hayesville built between 1940-1969 ( 29.66%). A lesser amount of the housing stock also hails from between 2000 and later ( 26.24%). There's also some housing in Hayesville built before 1939 ( 7.98%).

Vacant housing appears to be an issue in Hayesville. Fully 23.57% of the housing stock is classified as vacant. Left unchecked, vacant Hayesville homes and apartments can be a drag on the real estate market, holding Hayesville 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.

Hayesville Home Appreciation Rates

Hayesville's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Hayesville during the period has been just -1.71%, which is lower than 80% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Hayesville's appreciation rate, at 3.59%, has been at or slightly above the national average. In the latest quarter, Hayesville's appreciation rate has been 0.98%, which annualizes to a rate of 3.99%.

Relative to North Carolina, our data show that Hayesville's latest annual appreciation rate is higher than 50% of the other cities and towns in North Carolina.

Average Home Values

 

Median Home Value:
$149,196

Hayesville, NC HOME PRICES

Value Range
> $1,059,000 0.0
$794,001 - $1,059,000 0.0
$530,001 - $794,000 1.5
$424,001 - $530,000 0.6
$318,001 - $424,000 6.7
$212,001 - $318,000 21.7
$106,001 - $212,000 38.1
$53,001 - $106,000 21.5
$0 - $53,000 10.0

Average for NC
Average for Nation

Value Relative to Nation Value Relative to State
50.1171920778155 43.0127041742287

Number Of Homes And Apartments:
201

Rent & Ownership

 

Average Market Rent:
$841 / per month

Homeownership Rate

Homeownership
Owners 52.62
Renters 47.38
Vacant 23.57

Housing Market Details

 

Age of Homes

AGE OF Hayesville HOMES
2000 or Newer 26.2
1970 - 1999 36.1
1940 - 1969 29.7
1939 or Older 8.0

Types of Homes

TYPE OF Hayesville HOMES
Single-Family 63.1
Townhomes 0.0
Small Apt. Buildings 8.0
Apt. Complexes 16.3
Mobile Homes 12.5
Other 0.0

Home Size

SIZE OF Hayesville HOMES
No Bedroom 0.00
1 Bedroom 13.31
2 Bedrooms 40.30
3 Bedrooms 37.64
4 Bedrooms 5.32
5 or more bedrooms 3.42

Hayesville Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NC*
Compared To
America*
Latest Quarter:
2016 Q3 - 2016 Q4
Last 12 Months:
2015 Q4 - 2016 Q4
Last 2 Years:
2014 Q4 - 2016 Q4
Last 5 Years:
2011 Q4 - 2016 Q4
Last 10 Years:
2006 Q4 - 2016 Q4
Since 2000:
2000 Q1 - 2016 Q4
39.33% 1.94% 8 5
* 10 is highest

Popular Neighborhoods in Hayesville

Zip Codes in Hayesville, NC