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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Taylorsville, NC Real Estate Market

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 Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Taylorsville, NC Housing Market Trends

With a population of 2,298, 857 total housing units (homes and apartments), and a median house value of $186,872, house prices in Taylorsville are solidly below the national average.

Single-family detached homes are the single most common housing type in Taylorsville, accounting for 65.57% of the town's housing units. Other types of housing that are prevalent in Taylorsville include duplexes, homes converted to apartments or other small apartment buildings ( 17.16%), mobile homes or trailers ( 7.61%), and a few large apartment complexes or high rise apartments ( 6.89%).

People in Taylorsville primarily live in small (one, two or no bedroom) single-family detached homes. Taylorsville 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. Taylorsville's housing was primarily built during this period, from the '40s through the '60s. A full 37.62% of the town's housing hails from this era. Other housing ages represented in Taylorsville include homes built between 1970-1999 ( 36.90%) and housing constructed between 2000 and later ( 20.66%). There's also some housing in Taylorsville built before 1939 ( 4.83%).

Vacant housing appears to be an issue in Taylorsville. Fully 11.92% of the housing stock is classified as vacant. Left unchecked, vacant Taylorsville homes and apartments can be a drag on the real estate market, holding Taylorsville 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.

Taylorsville Home Appreciation Rates

Appreciation rates for homes in Taylorsville have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 84.30%, which ranks in the top 50% nationwide. This equates to an annual average Taylorsville house appreciation rate of 6.30%.

NeighborhoodScout's data show that during the latest twelve months, Taylorsville's appreciation rate, at 4.84%, has been at or slightly above the national average. In the latest quarter, Taylorsville's appreciation rate has been 1.41%, which annualizes to a rate of 5.75%.

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

One very important thing to keep in mind is that these are average appreciation rates for the town. Individual neighborhoods within Taylorsville differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Taylorsville - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Taylorsville real estate investment or home purchase decisions.

Average Home Values

Median Home Value

$186,872

Taylorsville, NC Home Prices
> $1,321,000
$991,001 - $1,321,000
$661,001 - $991,000
$529,001 - $661,000
$396,001 - $529,000
$264,001 - $396,000
$132,001 - $264,000
$66,001 - $132,000
$0 - $66,000
0.7%
0.7%
0.4%
0.4%
1.8%
1.8%
1.6%
1.6%
8.3%
8.3%
18.0%
18.0%
30.4%
30.4%
23.4%
23.4%
15.3%
15.3%
0% 100.0%
% of Homes
Low

for North carolina

Low

for nation

Number of Homes And Apartments:

857

Taylorsville Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,292 / per month

Homeownership Rate

Owners
Renters
53.4%
53.4%
46.6%
46.6%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
11.9%
11.9%
88.1%
88.1%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
20.7%
20.7%
36.9%
36.9%
37.6%
37.6%
4.8%
4.8%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
65.6%
65.6%
2.8%
2.8%
17.2%
17.2%
6.9%
6.9%
7.6%
7.6%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.4%
0.4%
9.5%
9.5%
41.6%
41.6%
39.9%
39.9%
5.3%
5.3%
3.3%
3.3%
0% 100.0%
% of Homes