Yadkinville, NC
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Yadkinville, 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

Yadkinville Housing Market Information

With 2,927 people, 1,022 houses or apartments, and a median cost of homes of $133,743, house prices in Yadkinville are solidly below the national average.

Single-family detached homes are the single most common housing type in Yadkinville, accounting for 72.82% of the town's housing units. Other types of housing that are prevalent in Yadkinville include large apartment complexes or high rise apartments ( 10.74%), mobile homes or trailers ( 9.48%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 4.61%).

The most prevalent building size and type in Yadkinville are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 52.95% owning and 47.05% renting.

There is a lot of housing in Yadkinville 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 Yadkinville built between 1940-1969 ( 28.78%). A lesser amount of the housing stock also hails from between 2000 and later ( 9.23%). There's also some housing in Yadkinville built before 1939 ( 7.30%).

Vacant housing appears to be an issue in Yadkinville. Fully 14.26% of the housing stock is classified as vacant. Left unchecked, vacant Yadkinville homes and apartments can be a drag on the real estate market, holding Yadkinville 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.

Yadkinville Home Appreciation Rates

Yadkinville's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Yadkinville during the period has been just -1.08%, which is lower than 70% of US communities.

Over the last year, Yadkinville appreciation rates have trailed the rest of the nation. In the last twelve months, Yadkinville's appreciation rate has been -2.93%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Yadkinville were at -1.84%, which equates to an annual appreciation rate of -7.17%.

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

Relative to North Carolina, our data show that Yadkinville's latest annual appreciation rate is lower than 90% of the other cities and towns in North Carolina.

Average Home Values

 

Median Home Value:
$133,743

Yadkinville, NC HOME PRICES

Value Range
> $979,000 0.6
$734,001 - $979,000 0.0
$490,001 - $734,000 0.0
$392,001 - $490,000 0.0
$294,001 - $392,000 2.8
$196,001 - $294,000 19.4
$98,001 - $196,000 44.1
$49,001 - $98,000 23.6
$0 - $49,000 9.4

Average for NC
Average for Nation

Value Relative to Nation Value Relative to State
57.8079221844603 52.2686025408348

Number Of Homes And Apartments:
1,022

Yadkinville 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
4.76% 0.27% 1 1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$781 / per month

Homeownership Rate

Homeownership
Owners 52.95
Renters 47.05
Vacant 14.26

Housing Market Details

 

Age of Homes

AGE OF Yadkinville HOMES
2000 or Newer 9.2
1970 - 1999 54.7
1940 - 1969 28.8
1939 or Older 7.3

Types of Homes

TYPE OF Yadkinville HOMES
Single-Family 72.8
Townhomes 2.3
Small Apt. Buildings 4.6
Apt. Complexes 10.7
Mobile Homes 9.5
Other 0.0

Home Size

SIZE OF Yadkinville HOMES
No Bedroom 4.45
1 Bedroom 8.64
2 Bedrooms 32.89
3 Bedrooms 45.22
4 Bedrooms 7.63
5 or more bedrooms 1.17

Popular Neighborhoods in Yadkinville

Zip Codes in Yadkinville, NC