Hayesville, NC
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Hayesville Neighborhoods Since 2000




Hayesville, 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

Hayesville Housing Market Information

With 364 people, 201 houses or apartments, and a median cost of homes of $148,582, 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 -1.89%, which is lower than 80% of US communities.

Over the last year, Hayesville appreciation rates have trailed the rest of the nation. In the last twelve months, Hayesville's appreciation rate has been 2.57%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Hayesville were at -0.54%, which equates to an annual appreciation rate of -2.13%.

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

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

Average Home Values

 

Median Home Value:
$148,582

Hayesville, NC HOME PRICES

Value Range
> $1,055,000 0.0
$791,001 - $1,055,000 0.0
$527,001 - $791,000 1.5
$422,001 - $527,000 0.6
$317,001 - $422,000 6.7
$211,001 - $317,000 21.7
$105,001 - $211,000 38.1
$53,001 - $105,000 21.5
$0 - $53,000 10.0

Average for NC
Average for Nation

Value Relative to Nation Value Relative to State
50.6914332591117 43.3756805807623

Number Of Homes And Apartments:
201

Hayesville 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
37.65% 1.87% 7 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$864 / 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

Popular Neighborhoods in Hayesville

Zip Codes in Hayesville, NC