The housing market in Hamlet, NC is booming! The median house value is currently $108,800, which is substantially lower than the US median of $338,100. However, the 1 year appreciation rate for houses in Hamlet has been 16.91%, far outpacing the US appreciation rate of 8.27%. This indicates that there is strong demand for houses in this area and that investing in the real estate market here can be a great opportunity to make some money.
The median home cost in Hamlet is $108,800. Home appreciation the last 10 years has been 61.0%. Home Appreciation in Hamlet is up 19.9%.
Average Age of Homes
- The median age of Hamlet real estate is 50 years old
The Rental Market in Hamlet
- Renters make up 38.6% of the Hamlet population
- 0.9% of houses and apartments in Hamlet, 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.