Robbinsville, NC
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Robbinsville, NC Real Estate Data


Robbinsville Housing Market Information

With 598 people, 254 houses or apartments, and a median cost of homes of $91,679, house prices in Robbinsville 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 Robbinsville, accounting for 44.12% of the town's housing units. Other types of housing that are prevalent in Robbinsville include mobile homes or trailers ( 29.66%), large apartment complexes or high rise apartments ( 16.67%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 9.56%).

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

There is a lot of housing in Robbinsville 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 Robbinsville built between 1940-1969 ( 28.19%). A lesser amount of the housing stock also hails from before 1939 ( 15.69%). There's also some housing in Robbinsville built between 2000 and later ( 5.39%).

Vacant housing appears to be an issue in Robbinsville. Fully 37.75% of the housing stock is classified as vacant. Left unchecked, vacant Robbinsville homes and apartments can be a drag on the real estate market, holding Robbinsville 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.

Robbinsville Home Appreciation Rates

Homes have actually lost value in Robbinsville over the last then years, as home values have seen a decline of 26.07% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Robbinsville home appreciation rates at 0.99%, which equates to an annual appreciation rate of 4.04%.

Over the last year, Robbinsville appreciation rates have trailed the rest of the nation. In the last twelve months, Robbinsville's appreciation rate has been 3.95%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Robbinsville were at 0.99%, which equates to an annual appreciation rate of 4.04%.

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

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

Average Home Values

 

Median Home Value:
$91,679

Robbinsville, NC HOME PRICES

Value Range
> $996,000 3.0
$747,001 - $996,000 0.5
$498,001 - $747,000 0.0
$399,001 - $498,000 2.8
$299,001 - $399,000 0.0
$199,001 - $299,000 18.4
$100,001 - $199,000 21.2
$50,001 - $100,000 31.9
$0 - $50,000 22.2

Very Low for NC
Very Low for Nation

Value Relative to Nation Value Relative to State
84.2302512150846 86.2068965517241

Number Of Homes And Apartments:
254

Rent & Ownership

 

Average Market Rent:
$734 / per month

Homeownership Rate

Homeownership
Owners 47.71
Renters 52.29
Vacant 37.75

Housing Market Details

 

Age of Homes

AGE OF Robbinsville HOMES
2000 or Newer 5.4
1970 - 1999 50.7
1940 - 1969 28.2
1939 or Older 15.7

Types of Homes

TYPE OF Robbinsville HOMES
Single-Family 44.1
Townhomes 0.0
Small Apt. Buildings 9.6
Apt. Complexes 16.7
Mobile Homes 29.7
Other 0.0

Home Size

SIZE OF Robbinsville HOMES
No Bedroom 1.72
1 Bedroom 15.69
2 Bedrooms 43.38
3 Bedrooms 31.13
4 Bedrooms 3.92
5 or more bedrooms 4.17

Robbinsville Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NC*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
18.64% 1.01% 3 2
* 10 is highest

Popular Neighborhoods in Robbinsville

Zip Codes in Robbinsville, NC