La Grange, NC


Highest Appreciating La Grange Neighborhoods Since 2000

La Grange, 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

La Grange Housing Market Information

With 2,804 people, 1,403 houses or apartments, and a median cost of homes of $99,550, house prices in La Grange are solidly below the national average.

Single-family detached homes are the single most common housing type in La Grange, accounting for 70.30% of the town's housing units. Other types of housing that are prevalent in La Grange include mobile homes or trailers ( 19.76%), large apartment complexes or high rise apartments ( 6.52%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.42%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in La Grange. Owner-occupied housing accounts for 66.79% of La Grange's homes, and 61.49% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in La Grange 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 La Grange built between 1940-1969 ( 32.93%). A lesser amount of the housing stock also hails from between 2000 and later ( 11.90%). There's also some housing in La Grange built before 1939 ( 5.65%).

La Grange Home Appreciation Rates

Real estate appreciation rates in La Grange's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.53% during the period.

Appreciation rates are so strong in La Grange that despite a nationwide downturn in the housing market, La Grange real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, La Grange appreciation rates continue to be some of the highest in America, at 6.04%, which is higher than appreciation rates in 74.45% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in La Grange. La Grange appreciation rates in the latest quarter were at -0.54%, which equates to an annual appreciation rate of -2.13%.

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

Relative to North Carolina, our data show that La Grange's latest annual appreciation rate is higher than 80% of the other cities and towns in North Carolina.

Average Home Values


Median Home Value:


Value Range
> $1,101,000 0.0
$826,001 - $1,101,000 0.0
$551,001 - $826,000 0.0
$440,001 - $551,000 0.0
$331,001 - $440,000 0.4
$220,001 - $331,000 10.4
$110,001 - $220,000 31.2
$55,001 - $110,000 31.2
$0 - $55,000 26.9

Low for NC
Low for Nation

Value Relative to Nation Value Relative to State
77.8331184811907 79.3103448275862

Number Of Homes And Apartments:

La Grange Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
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
24.12% 1.26% 5 3
* 10 is highest

Rent & Ownership


Average Market Rent:
$925 / per month

Homeownership Rate

Owners 66.79
Renters 33.21
Vacant 5.71

Housing Market Details


Age of Homes

2000 or Newer 11.9
1970 - 1999 49.5
1940 - 1969 32.9
1939 or Older 5.6

Types of Homes

Single-Family 70.3
Townhomes 1.0
Small Apt. Buildings 2.4
Apt. Complexes 6.5
Mobile Homes 19.8
Other 0.0

Home Size

No Bedroom 1.21
1 Bedroom 8.94
2 Bedrooms 23.79
3 Bedrooms 56.92
4 Bedrooms 4.57
5 or more bedrooms 4.57

Popular Neighborhoods in La Grange

Zip Codes in La Grange, NC