Forest City, NC is an area that has seen a great deal of appreciation in terms of housing values. The median value for homes in Forest City is $171,400, which is much lower than the US House Median Value of $338,100. However, the one year house appreciation rate in Forest City has been much higher than the US overall at 19.65%, compared to 8.27%. This shows that there is a great potential for growth and investment in this area for those looking to buy or sell real estate.
The median home cost in Forest City is $171,400. Home appreciation the last 10 years has been 127.7%. Home Appreciation in Forest City is up 25.4%.
Average Age of Homes
- The median age of Forest City real estate is 52 years old
The Rental Market in Forest City
- Renters make up 48.4% of the Forest City population
- 0.6% of houses and apartments in Forest City, 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.