New Hanover County, NC Housing

New Hanover County in North Carolina has a strong real estate market with the median housing value standing at $399,500. This is significantly higher than the US house median value of $338,100. The appreciation rate for homes in New Hanover County was also impressive at 16.05% over the past year, which is much higher than the 8.27% national 1 year house appreciation rate. New Hanover County's impressive housing values and appreciation rates make it an attractive option for potential homebuyers and real estate investors alike.

The median home cost in New Hanover County is $399,500. Home appreciation the last 10 years has been 114.4%. Home Appreciation in New Hanover County is up 24.7%.

Average Age of Homes

- The median age of New Hanover County real estate is 28 years old

The Rental Market in New Hanover County

- Renters make up 35.9% of the New Hanover County population
- 2.5% of houses and apartments in New Hanover County, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	New Hanover, North Carolina	United States
	112,388.0	139,647,020.0
	30	42
	$399,500	$338,100
	24.7%	16.6%
	79.4%	57.0%
	114.4%	101.1%
	$6.52	$10.98
	$1,812	$2,690
	51.5%	57.4%
	12.9%	11.2%
	35.6%	31.4%
Vacant Housing
	2.5%	1.9%
	0.3%	0.4%
	0.6%	0.7%
	1.0%	0.4%
	6.1%	3.6%
	2.4%	4.1%
Value of Owner-Occupied Housing
	2.1%	2.6%
	0.4%	2.4%
	0.9%	2.8%
	0.7%	3.9%
	1.7%	4.5%
	8.0%	11.3%
	15.0%	13.0%
	26.8%	20.1%
	19.1%	13.6%
	9.4%	8.3%
	9.2%	9.7%
	3.8%	3.9%
	1.4%	2.2%
	0.7%	0.8%
	0.8%	1.1%
Housing Units by Year Structure Built
	0.4%	0.2%
	19.3%	13.6%
	19.3%	13.6%
	20.4%	13.6%
	15.3%	13.2%
	12.5%	14.8%
	20.4%	13.6%
	5.0%	10.0%
	3.9%	4.7%
	5.6%	12.2%

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