The housing market in Chocowinity, NC is booming. The median value of houses in the area is $101,600, which is significantly lower than the national median of $338,100. In the past year, homes have appreciated 16.05%, more than double than the 8.27% appreciation nation-wide. This shows that the Chocowinity housing market is in a period of healthy growth and could be an attractive option for buyers looking to invest in real estate.
The median home cost in Chocowinity is $101,600. Home appreciation the last 10 years has been 64.4%. Home Appreciation in Chocowinity is up 19.4%.
Average Age of Homes
- The median age of Chocowinity real estate is 45 years old
The Rental Market in Chocowinity
- Renters make up 31.7% of the Chocowinity population
- 1.3% of houses and apartments in Chocowinity, 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.