Pleasant Garden, NC
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Pleasant Garden, 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

Pleasant Garden Housing Market Information

With 4,715 people, 1,611 houses or apartments, and a median cost of homes of $136,874, house prices in Pleasant Garden are solidly below the national average.

Single-family detached homes are the single most common housing type in Pleasant Garden, accounting for 85.66% of the town's housing units. Other types of housing that are prevalent in Pleasant Garden include mobile homes or trailers ( 13.03%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Pleasant Garden. Owner-occupied housing accounts for 80.87% of Pleasant Garden's homes, and 68.96% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Pleasant Garden 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 Pleasant Garden built between 1940-1969 ( 28.32%). A lesser amount of the housing stock also hails from before 1939 ( 8.23%). There's also some housing in Pleasant Garden built between 2000 and later ( 6.64%).

Pleasant Garden Home Appreciation Rates

Pleasant Garden's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Pleasant Garden during the period has been just -1.12%, which is lower than 70% of US communities.

Over the last year, Pleasant Garden appreciation rates have trailed the rest of the nation. In the last twelve months, Pleasant Garden's appreciation rate has been 1.01%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Pleasant Garden were at 0.02%, which equates to an annual appreciation rate of 0.09%.

Relative to North Carolina, our data show that Pleasant Garden's latest annual appreciation rate is lower than 70% of the other cities and towns in North Carolina.

Average Home Values

 

Median Home Value:
$136,874

Pleasant Garden, NC HOME PRICES

Value Range
> $1,037,000 0.0
$778,001 - $1,037,000 0.2
$519,001 - $778,000 1.9
$415,001 - $519,000 0.7
$311,001 - $415,000 5.0
$208,001 - $311,000 15.1
$103,001 - $208,000 48.4
$52,001 - $103,000 19.4
$0 - $52,000 9.2

Average for NC
Average for Nation

Value Relative to Nation Value Relative to State
56.2990741825853 50.8166969147005

Number Of Homes And Apartments:
1,611

Pleasant Garden 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
-0.46% -0.03% 1 1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$895 / per month

Homeownership Rate

Homeownership
Owners 80.87
Renters 19.13
Vacant 4.56

Housing Market Details

 

Age of Homes

AGE OF Pleasant Garden HOMES
2000 or Newer 6.6
1970 - 1999 56.8
1940 - 1969 28.3
1939 or Older 8.2

Types of Homes

TYPE OF Pleasant Garden HOMES
Single-Family 85.7
Townhomes 0.0
Small Apt. Buildings 0.7
Apt. Complexes 0.6
Mobile Homes 13.0
Other 0.0

Home Size

SIZE OF Pleasant Garden HOMES
No Bedroom 0.00
1 Bedroom 0.65
2 Bedrooms 24.35
3 Bedrooms 54.44
4 Bedrooms 14.51
5 or more bedrooms 6.04

Popular Neighborhoods in Pleasant Garden

Zip Codes in Pleasant Garden, NC