Huntersville, NC
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Huntersville Neighborhoods Since 2000




Huntersville, 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

Huntersville Housing Market Information

With 52,704 people, 18,059 houses or apartments, and a median cost of homes of $300,744, Huntersville real estate is some of the most expensive in North Carolina, although Huntersville home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Huntersville, accounting for 76.70% of the town's housing units. Other types of housing that are prevalent in Huntersville include large apartment complexes or high rise apartments ( 12.65%), row houses and other attached homes ( 7.01%), and a few mobile homes or trailers ( 2.75%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Huntersville. Owner-occupied housing accounts for 75.16% of Huntersville's homes, and 67.87% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Huntersville 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 Huntersville built between 2000 and later ( 47.26%). A lesser amount of the housing stock also hails from between 1940-1969 ( 4.39%).

Huntersville Home Appreciation Rates

Appreciation rates for homes in Huntersville have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 12.20%, which ranks in the top 30% nationwide. This equates to an annual average Huntersville house appreciation rate of 1.16%.

Appreciation rates are so strong in Huntersville that despite a nationwide downturn in the housing market, Huntersville real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Huntersville appreciation rates continue to be some of the highest in America, at 6.98%, which is higher than appreciation rates in 81.26% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Huntersville. Huntersville appreciation rates in the latest quarter were at 1.88%, which equates to an annual appreciation rate of 7.72%.

Importantly, this makes Huntersville one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.

Relative to North Carolina, our data show that Huntersville's latest annual appreciation rate is higher than 80% 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 town. Individual neighborhoods within Huntersville differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Huntersville - 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 Huntersville real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$300,744

Huntersville, NC HOME PRICES

Value Range
> $1,203,000 0.8
$902,001 - $1,203,000 0.6
$601,001 - $902,000 3.4
$481,001 - $601,000 7.5
$361,001 - $481,000 19.3
$240,001 - $361,000 36.8
$120,001 - $240,000 27.5
$60,001 - $120,000 1.0
$0 - $60,000 3.0

Very High for NC
Very High for Nation

Value Relative to Nation Value Relative to State
16.2545411930154 7.98548094373866

Number Of Homes And Apartments:
18,059

Huntersville 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
42.13% 2.06% 8 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,488 / per month

Homeownership Rate

Homeownership
Owners 75.16
Renters 24.84
Vacant 5.54

Housing Market Details

 

Age of Homes

AGE OF Huntersville HOMES
2000 or Newer 47.3
1970 - 1999 47.6
1940 - 1969 4.4
1939 or Older 0.7

Types of Homes

TYPE OF Huntersville HOMES
Single-Family 76.7
Townhomes 7.0
Small Apt. Buildings 0.9
Apt. Complexes 12.6
Mobile Homes 2.7
Other 0.0

Home Size

SIZE OF Huntersville HOMES
No Bedroom 0.25
1 Bedroom 4.46
2 Bedrooms 14.90
3 Bedrooms 36.80
4 Bedrooms 31.06
5 or more bedrooms 12.53