Wilkesboro, NC
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Wilkesboro, NC Real Estate Data


Wilkesboro Housing Market Information

With 3,531 people, 1,498 houses or apartments, and a median cost of homes of $169,085, Wilkesboro real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Wilkesboro, accounting for 56.45% of the town's housing units. Other types of housing that are prevalent in Wilkesboro include large apartment complexes or high rise apartments ( 30.78%), mobile homes or trailers ( 5.90%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 3.89%).

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

There is a lot of housing in Wilkesboro 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 Wilkesboro built between 1940-1969 ( 27.86%). A lesser amount of the housing stock also hails from between 2000 and later ( 18.19%). There's also some housing in Wilkesboro built before 1939 ( 1.95%).

Wilkesboro Home Appreciation Rates

Appreciation rates for homes in Wilkesboro have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 4.53%, which ranks in the top 50% nationwide. This equates to an annual average Wilkesboro house appreciation rate of 0.44%.

NeighborhoodScout's data show that during the latest twelve months, Wilkesboro's appreciation rate, at 4.78%, has been at or slightly above the national average. In the latest quarter, Wilkesboro's appreciation rate has been 0.99%, which annualizes to a rate of 4.04%.

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

Relative to North Carolina, our data show that Wilkesboro's latest annual appreciation rate is higher than 50% of the other cities and towns in North Carolina.

Average Home Values

 

Median Home Value:
$169,085

Wilkesboro, NC HOME PRICES

Value Range
> $1,093,000 0.1
$820,001 - $1,093,000 0.0
$546,001 - $820,000 1.1
$437,001 - $546,000 3.6
$328,001 - $437,000 8.2
$218,001 - $328,000 14.9
$109,001 - $218,000 40.2
$55,001 - $109,000 19.1
$0 - $55,000 12.8

High for NC
Average for Nation

Value Relative to Nation Value Relative to State
43.0754816419746 35.934664246824

Number Of Homes And Apartments:
1,498

Rent & Ownership

 

Average Market Rent:
$907 / per month

Homeownership Rate

Homeownership
Owners 46.09
Renters 53.91
Vacant 8.88

Housing Market Details

 

Age of Homes

AGE OF Wilkesboro HOMES
2000 or Newer 18.2
1970 - 1999 52.0
1940 - 1969 27.9
1939 or Older 1.9

Types of Homes

TYPE OF Wilkesboro HOMES
Single-Family 56.4
Townhomes 3.0
Small Apt. Buildings 3.9
Apt. Complexes 30.8
Mobile Homes 5.9
Other 0.0

Home Size

SIZE OF Wilkesboro HOMES
No Bedroom 1.03
1 Bedroom 14.60
2 Bedrooms 34.61
3 Bedrooms 34.98
4 Bedrooms 14.11
5 or more bedrooms 0.67

Wilkesboro 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
21.45% 1.15% 4 2
* 10 is highest

Popular Neighborhoods in Wilkesboro

Zip Codes in Wilkesboro, NC