Wilkesboro, NC
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Wilkesboro Neighborhoods Since 2000




Wilkesboro, 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

Wilkesboro Housing Market Information

With a population of 3,531, 1,307 total housing units (homes and apartments), and a median house value of $118,458, house prices in Wilkesboro are solidly below the national average.

Single-family detached homes are the single most common housing type in Wilkesboro, accounting for 59.63% of the town's housing units. Other types of housing that are prevalent in Wilkesboro include large apartment complexes or high rise apartments ( 27.99%), duplexes, homes converted to apartments or other small apartment buildings ( 5.13%), and a few mobile homes or trailers ( 4.01%).

The most prevalent building size and type in Wilkesboro are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 47.44% owning and 52.56% renting.

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 ( 28.41%). A lesser amount of the housing stock also hails from between 2000 and later ( 12.73%). There's also some housing in Wilkesboro built before 1939 ( 2.39%).

Wilkesboro Home Appreciation Rates

Real estate appreciation rates in Wilkesboro's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.63% during the period.

Over the last year, Wilkesboro appreciation rates have trailed the rest of the nation. In the last twelve months, Wilkesboro's appreciation rate has been -0.50%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Wilkesboro were at -0.54%, which equates to an annual appreciation rate of -2.13%.

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 lower than 80% of the other cities and towns in North Carolina.

Average Home Values

 

Median Home Value:
$118,458

Wilkesboro, NC HOME PRICES

Value Range
> $1,032,000 0.0
$774,001 - $1,032,000 0.0
$516,001 - $774,000 0.4
$413,001 - $516,000 3.7
$310,001 - $413,000 8.6
$207,001 - $310,000 14.1
$103,001 - $207,000 38.1
$51,001 - $103,000 23.0
$0 - $51,000 12.0

Low for NC
Low for Nation

Value Relative to Nation Value Relative to State
66.4068908941755 63.8838475499093

Number Of Homes And Apartments:
1,307

Wilkesboro 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
12.74% 0.70% 3 1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$772 / per month

Homeownership Rate

Homeownership
Owners 47.44
Renters 52.56
Vacant 8.09

Housing Market Details

 

Age of Homes

AGE OF Wilkesboro HOMES
2000 or Newer 12.7
1970 - 1999 56.5
1940 - 1969 28.4
1939 or Older 2.4

Types of Homes

TYPE OF Wilkesboro HOMES
Single-Family 59.6
Townhomes 3.2
Small Apt. Buildings 5.1
Apt. Complexes 28.0
Mobile Homes 4.0
Other 0.0

Home Size

SIZE OF Wilkesboro HOMES
No Bedroom 0.98
1 Bedroom 12.73
2 Bedrooms 33.12
3 Bedrooms 40.15
4 Bedrooms 12.31
5 or more bedrooms 0.70

Popular Neighborhoods in Wilkesboro

Zip Codes in Wilkesboro, NC