Ellenboro, NC is a great place to live with its median housing value of $156,600. This is much lower than the US House Median Value of $338,100 and provides a much more affordable option for those looking to move. Not only is it cheaper but there has been a one year appreciation rate of 19.65%, which is much higher than the national average of 8.27%. This makes Ellenboro a great investment for anyone looking to purchase property in the area.
The median home cost in Ellenboro is $156,600. Home appreciation the last 10 years has been 127.7%. Home Appreciation in Ellenboro is up 25.4%.
Average Age of Homes
- The median age of Ellenboro real estate is 49 years old
The Rental Market in Ellenboro
- Renters make up 43.4% of the Ellenboro population
- 1.8% of houses and apartments in Ellenboro, 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.