Robbinsville, NC
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Robbinsville, 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

Robbinsville Housing Market Information

With 598 people, 251 houses or apartments, and a median cost of homes of $104,181, house prices in Robbinsville are solidly below the national average.

Single-family detached homes are the single most common housing type in Robbinsville, accounting for 51.75% of the town's housing units. Other types of housing that are prevalent in Robbinsville include mobile homes or trailers ( 22.38%), large apartment complexes or high rise apartments ( 20.05%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 5.83%).

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 ( 38.93%). A lesser amount of the housing stock also hails from before 1939 ( 15.15%). There's also some housing in Robbinsville built between 2000 and later ( 4.90%).

Vacant housing appears to be an issue in Robbinsville. Fully 41.49% 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 20.45% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Robbinsville home appreciation rates at -0.54%, which equates to an annual appreciation rate of -2.13%.

Appreciation rates are so strong in Robbinsville that despite a nationwide downturn in the housing market, Robbinsville real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Robbinsville appreciation rates continue to be some of the highest in America, at 8.49%, which is higher than appreciation rates in 88.85% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Robbinsville. Robbinsville appreciation rates in the latest quarter were at -0.54%, which equates to an annual appreciation rate of -2.13%.

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 higher than 90% of the other cities and towns in North Carolina.

Average Home Values

 

Median Home Value:
$104,181

Robbinsville, NC HOME PRICES

Value Range
> $1,089,000 3.8
$817,001 - $1,089,000 0.5
$544,001 - $817,000 0.0
$436,001 - $544,000 0.0
$327,001 - $436,000 2.7
$218,001 - $327,000 13.3
$109,001 - $218,000 29.2
$54,001 - $109,000 29.1
$0 - $54,000 21.6

Low for NC
Low for Nation

Value Relative to Nation Value Relative to State
74.8622993085667 77.3139745916515

Number Of Homes And Apartments:
251

Robbinsville 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
31.12% 1.58% 7 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$626 / per month

Homeownership Rate

Homeownership
Owners 45.09
Renters 54.91
Vacant 41.49

Housing Market Details

 

Age of Homes

AGE OF Robbinsville HOMES
2000 or Newer 4.9
1970 - 1999 41.0
1940 - 1969 38.9
1939 or Older 15.2

Types of Homes

TYPE OF Robbinsville HOMES
Single-Family 51.7
Townhomes 0.0
Small Apt. Buildings 5.8
Apt. Complexes 20.0
Mobile Homes 22.4
Other 0.0

Home Size

SIZE OF Robbinsville HOMES
No Bedroom 1.86
1 Bedroom 17.48
2 Bedrooms 46.62
3 Bedrooms 25.41
4 Bedrooms 5.83
5 or more bedrooms 2.80

Popular Neighborhoods in Robbinsville

Zip Codes in Robbinsville, NC