In Faith, NC, the housing median value is $231,500. This is significantly lower than the US house median value of $338,100. However, it's experienced a higher appreciation rate over the past year with an 18.96% increase compared to the US average of 8.27%. This indicates that Faith is becoming a high-demand area for real estate investments and homeownership. Additionally, this provides potential investors and homebuyers with an affordable market to purchase in and reap the rewards of future appreciation.
The median home cost in Faith is $231,500. Home appreciation the last 10 years has been 120.1%. Home Appreciation in Faith is up 25.0%.
Average Age of Homes
- The median age of Faith real estate is 34 years old
The Rental Market in Faith
- Renters make up 14.4% of the Faith population
- 2.2% of houses and apartments in Faith, 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.