Littleton, NC
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Littleton, 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

Littleton Housing Market Information

With 646 people, 254 houses or apartments, and a median cost of homes of $211,859, Littleton real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Littleton, accounting for 74.12% of the town's housing units. Other types of housing that are prevalent in Littleton include duplexes, homes converted to apartments or other small apartment buildings ( 12.35%), mobile homes or trailers ( 10.88%), and a few large apartment complexes or high rise apartments ( 1.76%).

The most prevalent building size and type in Littleton are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 61.42% owning and 38.58% renting.

The housing in Littleton was primarily built before 1939 ( 30.29%), making the housing stock in Littleton some of the oldest overall in America, although there is a range of ages of homes in Littleton. The next most important housing age is between 1940-1969 ( 29.41%), followed by between 1970-1999 ( 23.24%). There's also some housing in Littleton built between 2000 and later ( 17.06%).

Vacant housing appears to be an issue in Littleton. Fully 25.29% of the housing stock is classified as vacant. Left unchecked, vacant Littleton homes and apartments can be a drag on the real estate market, holding Littleton 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.

Littleton Home Appreciation Rates

Littleton's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Littleton during the period has been just -0.89%, which is lower than 70% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Littleton's appreciation rate, at 3.35%, has been at or slightly above the national average. In the latest quarter, Littleton's appreciation rate has been -0.54%, which annualizes to a rate of -2.13%.

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

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

Average Home Values

 

Median Home Value:
$211,859

Littleton, NC HOME PRICES

Value Range
> $1,041,000 0.6
$781,001 - $1,041,000 0.6
$521,001 - $781,000 12.4
$416,001 - $521,000 8.7
$312,001 - $416,000 7.6
$208,001 - $312,000 6.0
$104,001 - $208,000 20.2
$52,001 - $104,000 25.4
$0 - $52,000 18.5

High for NC
High for Nation

Value Relative to Nation Value Relative to State
29.4679479667175 21.2341197822142

Number Of Homes And Apartments:
254

Littleton 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
40.97% 2.01% 8 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$886 / per month

Homeownership Rate

Homeownership
Owners 61.42
Renters 38.58
Vacant 25.29

Housing Market Details

 

Age of Homes

AGE OF Littleton HOMES
2000 or Newer 17.1
1970 - 1999 23.2
1940 - 1969 29.4
1939 or Older 30.3

Types of Homes

TYPE OF Littleton HOMES
Single-Family 74.1
Townhomes 0.9
Small Apt. Buildings 12.4
Apt. Complexes 1.8
Mobile Homes 10.9
Other 0.0

Home Size

SIZE OF Littleton HOMES
No Bedroom 2.35
1 Bedroom 13.82
2 Bedrooms 19.71
3 Bedrooms 48.53
4 Bedrooms 12.35
5 or more bedrooms 3.24

Popular Neighborhoods in Littleton

Zip Codes in Littleton, NC