The housing market in Glen Raven, NC is thriving, with the median value of a house coming in at $224,500. This is significantly lower than the US median house value of $338,100; however, appreciation rates are much higher in Glen Raven with houses rising by 16.52% in the last year compared to 8.27% for the United States as a whole. This makes it an attractive area for potential buyers looking to invest in real estate and take advantage of rising prices.
The median home cost in Glen Raven is $224,500. Home appreciation the last 10 years has been 87.6%. Home Appreciation in Glen Raven is up 23.2%.
Average Age of Homes
- The median age of Glen Raven real estate is 26 years old
The Rental Market in Glen Raven
- Renters make up 23.6% of the Glen Raven population
- 0.0% of houses and apartments in Glen Raven, 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.