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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
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.
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.
|$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|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
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
2000 Q1 - 2017 Q1
|* 10 is highest|
|AGE OF Robbinsville HOMES|
|2000 or Newer||4.9|
|1970 - 1999||41.0|
|1940 - 1969||38.9|
|1939 or Older||15.2|
|TYPE OF Robbinsville HOMES|
|Small Apt. Buildings||5.8|
|SIZE OF Robbinsville HOMES|
|5 or more bedrooms||2.80|