Raeford, NC


Highest Appreciating Raeford Neighborhoods Since 2000

Raeford, 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

Raeford Housing Market Information

With a population of 4,860, 1,824 total housing units (homes and apartments), and a median house value of $91,376, house prices in Raeford are some of the most affordable in North Carolina as well as the nation.

Single-family detached homes are the single most common housing type in Raeford, accounting for 66.54% of the city's housing units. Other types of housing that are prevalent in Raeford include large apartment complexes or high rise apartments ( 14.05%), duplexes, homes converted to apartments or other small apartment buildings ( 11.11%), and a few mobile homes or trailers ( 6.14%).

The most prevalent building size and type in Raeford are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 42.33% owning and 57.67% renting.

There is a lot of housing in Raeford 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 Raeford built between 1940-1969 ( 29.63%). A lesser amount of the housing stock also hails from between 2000 and later ( 15.92%). There's also some housing in Raeford built before 1939 ( 5.41%).

Vacant housing appears to be an issue in Raeford. Fully 10.37% of the housing stock is classified as vacant. Left unchecked, vacant Raeford homes and apartments can be a drag on the real estate market, holding Raeford 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.

Raeford Home Appreciation Rates

Raeford's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Raeford during the period has been just -1.68%, which is lower than 80% of US communities.

Over the last year, Raeford appreciation rates have trailed the rest of the nation. In the last twelve months, Raeford's appreciation rate has been -2.79%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Raeford were at -2.05%, which equates to an annual appreciation rate of -7.94%.

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

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

Average Home Values


Median Home Value:


Value Range
> $933,000 0.0
$700,001 - $933,000 0.0
$467,001 - $700,000 0.0
$373,001 - $467,000 1.0
$280,001 - $373,000 4.3
$187,001 - $280,000 6.3
$93,001 - $187,000 38.6
$47,001 - $93,000 41.9
$0 - $47,000 7.7

Very Low for NC
Very Low for Nation

Value Relative to Nation Value Relative to State
83.0071487167467 85.480943738657

Number Of Homes And Apartments:

Raeford 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
9.17% 0.51% 2 1
* 10 is highest

Rent & Ownership


Average Market Rent:
$747 / per month

Homeownership Rate

Owners 42.33
Renters 57.67
Vacant 10.37

Housing Market Details


Age of Homes

2000 or Newer 15.9
1970 - 1999 49.0
1940 - 1969 29.6
1939 or Older 5.4

Types of Homes

Single-Family 66.5
Townhomes 2.2
Small Apt. Buildings 11.1
Apt. Complexes 14.1
Mobile Homes 6.1
Other 0.0

Home Size

No Bedroom 0.64
1 Bedroom 7.27
2 Bedrooms 30.12
3 Bedrooms 55.53
4 Bedrooms 6.09
5 or more bedrooms 0.34