Granite Falls, NC is a great place to invest in real estate due to its high appreciation rate. The median house value in Granite Falls is $228,000 which is significantly lower than the US median house value of $338,100. In the past year, Granite Falls experienced an 18.74% appreciation rate compared to the US average of 8.27%. This makes it an attractive area for both home buyers and real estate investors. With such a high rate of value increases and low median prices, Granite Falls offers a great opportunity for anyone looking to purchase property in the area.
The median home cost in Granite Falls is $228,000. Home appreciation the last 10 years has been 92.8%. Home Appreciation in Granite Falls is up 24.0%.
Average Age of Homes
- The median age of Granite Falls real estate is 36 years old
The Rental Market in Granite Falls
- Renters make up 29.5% of the Granite Falls population
- 0.0% of houses and apartments in Granite Falls, 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.