The housing in Cramerton, NC is currently very attractive to prospective buyers and investors. The median value of a house in Cramerton is significantly lower than the US median at $281,400 compared to $338,100. This makes it a great option for those looking for an affordable place to live. Additionally, the 1 year appreciation rate of houses in Cramerton, NC is 19.65%, much higher than the national average of 8.27%. This makes Cramerton an ideal location for those looking to invest in real estate or purchase a new home at a reasonable price with a high potential for long-term value growth.
The median home cost in Cramerton is $281,400. Home appreciation the last 10 years has been 127.7%. Home Appreciation in Cramerton is up 25.4%.
Average Age of Homes
- The median age of Cramerton real estate is 22 years old
The Rental Market in Cramerton
- Renters make up 24.4% of the Cramerton population
- 1.1% of houses and apartments in Cramerton, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.