Housing in Northchase, NC is quite desirable. The median value of a house in the area is $273,600 which is significantly less than the US House Median Value of $338,100. In addition to this, the appreciation rate over the last year was 18.56%, much higher than the national average of 8.27%. This makes now an excellent time to purchase a home in Northchase as you can expect your investment to increase in value over time.
The median home cost in Northchase is $273,600. Home appreciation the last 10 years has been 114.4%. Home Appreciation in Northchase is up 24.7%.
Average Age of Homes
- The median age of Northchase real estate is 22 years old
The Rental Market in Northchase
- Renters make up 40.0% of the Northchase population
- 11.2% of houses and apartments in Northchase, 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.