Huntersville, NC
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Huntersville, NC Real Estate Data


Huntersville Housing Market Information

With 52,704 people, 18,181 houses or apartments, and a median cost of homes of $306,282, 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 75.40% of the town's housing units. Other types of housing that are prevalent in Huntersville include large apartment complexes or high rise apartments ( 13.64%), row houses and other attached homes ( 7.31%), and a few mobile homes or trailers ( 2.74%).

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 74.04% of Huntersville's homes, and 66.79% 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 ( 46.72%). A lesser amount of the housing stock also hails from between 1940-1969 ( 4.76%).

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 14.94%, which ranks in the top 30% nationwide. This equates to an annual average Huntersville house appreciation rate of 1.40%.

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 8.21%, which is higher than appreciation rates in 92.58% 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 1.57%, which equates to an annual appreciation rate of 6.43%.

Relative to North Carolina, our data show that Huntersville's latest annual appreciation rate is higher than 90% 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:
$306,282

Huntersville, NC HOME PRICES

Value Range
> $1,222,000 0.8
$917,001 - $1,222,000 0.6
$611,001 - $917,000 3.3
$489,001 - $611,000 7.4
$366,001 - $489,000 18.3
$244,001 - $366,000 37.4
$122,001 - $244,000 28.2
$61,001 - $122,000 1.1
$0 - $61,000 2.9

Very High for NC
Very High for Nation

Value Relative to Nation Value Relative to State
16.2967734379575 7.44101633393829

Number Of Homes And Apartments:
18,181

Rent & Ownership

 

Average Market Rent:
$1,516 / per month

Homeownership Rate

Homeownership
Owners 74.04
Renters 25.96
Vacant 5.86

Housing Market Details

 

Age of Homes

AGE OF Huntersville HOMES
2000 or Newer 46.7
1970 - 1999 47.9
1940 - 1969 4.8
1939 or Older 0.6

Types of Homes

TYPE OF Huntersville HOMES
Single-Family 75.4
Townhomes 7.3
Small Apt. Buildings 0.9
Apt. Complexes 13.6
Mobile Homes 2.7
Other 0.0

Home Size

SIZE OF Huntersville HOMES
No Bedroom 0.11
1 Bedroom 5.16
2 Bedrooms 16.41
3 Bedrooms 36.00
4 Bedrooms 30.78
5 or more bedrooms 11.53

Huntersville Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NC*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
40.93% 2.04% 8 5
* 10 is highest