Grimesland, NC is experiencing a significant increase in housing value. The median house value of the city is currently $258,500, which is significantly lower than the US House Median Value of $338,100. However, the one year house appreciation rate in Grimesland has been significantly higher at 16.05% when compared to the national one year house appreciation rate of 8.27%. This suggests that housing values are increasing rapidly and could continue to rise in the near future.
The median home cost in Grimesland is $258,500. Home appreciation the last 10 years has been 64.4%. Home Appreciation in Grimesland is up 19.4%.
Average Age of Homes
- The median age of Grimesland real estate is 43 years old
The Rental Market in Grimesland
- Renters make up 34.9% of the Grimesland population
- 4.0% of houses and apartments in Grimesland, 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.