North Carolina
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Top Ten Highest Appreciating NC Cities Since 2000




North Carolina Real Estate Values & Housing Market 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

Average Home Values

Median Home Value:
$155,807

Number Of Homes And Apartments:
3,775,581

North Carolina Home Prices

Value Range
> $1,075,000 0.8
$806,001 - $1,075,000 0.9
$537,001 - $806,000 2.9
$430,001 - $537,000 3.2
$322,001 - $430,000 7.3
$215,001 - $322,000 16.6
$107,001 - $215,000 38.2
$54,001 - $107,000 19.9
$0 - $54,000 10.1

North Carolina Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2016 Q4 - 2017 Q1
0.67% 2.69% 6
Last 12 Months:
2016 Q1 - 2017 Q1
4.92% 4.92% 6
Last 2 Years:
2015 Q1 - 2017 Q1
10.15% 4.95% 6
Last 5 Years:
2012 Q1 - 2017 Q1
16.95% 3.18% 6
Last 10 Years:
2007 Q1 - 2017 Q1
6.14% 0.60% 6
Since 2000:
2000 Q1 - 2017 Q1
49.70% 2.40% 3
* 10 is highest

Rent & Homeownership

Average Market Rent:
$1,000 / per month

Homeownership Rate

Homeownership
Owners 63.45
Renters 36.55
Vacant 14.53

Housing Details

Age of Homes

AGE OF North Carolina HOMES
2000 or Newer 22.9
1970 - 1999 50.9
1940 - 1969 20.7
1939 or Older 5.5

Types of Homes

TYPE OF North Carolina HOMES
Single-Family 65.2
Townhomes 3.9
Small Apt. Buildings 4.9
Apt. Complexes 12.6
Mobile Homes 13.4
Other 0.0

Home Size

SIZE OF North Carolina HOMES
No Bedroom 1.40
1 Bedroom 6.62
2 Bedrooms 26.28
3 Bedrooms 47.33
4 Bedrooms 14.71
5 or more bedrooms 3.66