The housing market in Statesville, NC is vibrant and rapidly growing. The median value of a home in Statesville is significantly lower than the US House Median Value of $338,100. However, in the last year, the appreciation rate on homes within the city has seen an 18.74% increase compared to 8.27% nationally. This indicates that there is an increase in demand and investment happening in the area as people flock to take advantage of Statesville's housing opportunities.
The median home cost in Statesville is $261,300. Home appreciation the last 10 years has been 92.8%. Home Appreciation in Statesville is up 24.0%.
Average Age of Homes
- The median age of Statesville real estate is 46 years old
The Rental Market in Statesville
- Renters make up 42.9% of the Statesville population
- 2.6% of houses and apartments in Statesville, 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.