Rich Square, NC is a small town with affordable housing prices. The median value of a house in Rich Square is $75,200, significantly lower than the US average of $338,100. Despite the low prices, Rich Square has seen a remarkable annual house appreciation rate of 16.05%, higher than the national average of 8.27%. This provides an excellent opportunity for those looking to invest in real estate and also makes it easier for individuals to find an affordable home.
The median home cost in Rich Square is $75,200. Home appreciation the last 10 years has been 64.4%. Home Appreciation in Rich Square is up 19.4%.
Average Age of Homes
- The median age of Rich Square real estate is 53 years old
The Rental Market in Rich Square
- Renters make up 26.0% of the Rich Square population
- 2.0% of houses and apartments in Rich Square, 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.