Robbins, NC
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Robbins, 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

Robbins Housing Market Information

With 1,184 people, 395 houses or apartments, and a median cost of homes of $78,266, house prices in Robbins 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 Robbins, accounting for 81.83% of the town's housing units. Other types of housing that are prevalent in Robbins include mobile homes or trailers ( 6.61%), large apartment complexes or high rise apartments ( 5.50%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 4.40%).

People in Robbins primarily live in small (one, two or no bedroom) single-family detached homes. Robbins has a mixture of owner-occupied and renter-occupied housing.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Robbins's housing was primarily built during this period, from the '40s through the '60s. A full 57.25% of the town's housing hails from this era. Other housing ages represented in Robbins include homes built between 1970-1999 ( 21.65%) and housing constructed before 1939 ( 15.41%). There's also some housing in Robbins built between 2000 and later ( 5.69%).

Vacant housing appears to be an issue in Robbins. Fully 27.52% of the housing stock is classified as vacant. Left unchecked, vacant Robbins homes and apartments can be a drag on the real estate market, holding Robbins 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.

Robbins Home Appreciation Rates

Robbins's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Robbins during the period has been just -1.79%, which is lower than 80% of US communities.

Over the last year, Robbins appreciation rates have trailed the rest of the nation. In the last twelve months, Robbins's appreciation rate has been -16.83%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Robbins were at -0.54%, which equates to an annual appreciation rate of -2.13%.

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

Relative to North Carolina, our data show that Robbins's latest annual appreciation rate is lower than 90% of the other cities and towns in North Carolina.

Average Home Values

 

Median Home Value:
$78,266

Robbins, NC HOME PRICES

Value Range
> $839,000 0.0
$629,001 - $839,000 0.9
$419,001 - $629,000 0.6
$335,001 - $419,000 0.0
$252,001 - $335,000 3.8
$168,001 - $252,000 6.3
$84,001 - $168,000 33.0
$42,001 - $84,000 31.2
$0 - $42,000 24.2

Very Low for NC
Very Low for Nation

Value Relative to Nation Value Relative to State
91.5621703972811 94.010889292196

Number Of Homes And Apartments:
395

Robbins 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
-8.08% -0.49% 1 1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$668 / per month

Homeownership Rate

Homeownership
Owners 52.29
Renters 47.71
Vacant 27.52

Housing Market Details

 

Age of Homes

AGE OF Robbins HOMES
2000 or Newer 5.7
1970 - 1999 21.7
1940 - 1969 57.2
1939 or Older 15.4

Types of Homes

TYPE OF Robbins HOMES
Single-Family 81.8
Townhomes 1.7
Small Apt. Buildings 4.4
Apt. Complexes 5.5
Mobile Homes 6.6
Other 0.0

Home Size

SIZE OF Robbins HOMES
No Bedroom 0.92
1 Bedroom 12.66
2 Bedrooms 35.23
3 Bedrooms 39.27
4 Bedrooms 8.62
5 or more bedrooms 3.30

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Zip Codes in Robbins, NC