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 Q2 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:
$161,387

Number Of Homes And Apartments:
3,775,581

North Carolina Home Prices

Value Range
> $1,105,000 0.8
$828,001 - $1,105,000 0.9
$552,001 - $828,000 2.9
$442,001 - $552,000 3.2
$332,001 - $442,000 7.3
$221,001 - $332,000 16.6
$110,001 - $221,000 38.2
$55,001 - $110,000 19.9
$0 - $55,000 10.1

North Carolina Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2017 Q1 - 2017 Q2
3.55% 14.97% 9
Last 12 Months:
2016 Q2 - 2017 Q2
7.07% 7.07% 7
Last 2 Years:
2015 Q2 - 2017 Q2
12.70% 6.16% 7
Last 5 Years:
2012 Q2 - 2017 Q2
22.65% 4.17% 6
Last 10 Years:
2007 Q2 - 2017 Q2
8.90% 0.86% 6
Since 2000:
2000 Q1 - 2017 Q2
55.05% 2.58% 4
* 10 is highest

Rent & Homeownership

Average Market Rent:
$1,035 / 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