The housing market in Marvin, NC has seen tremendous growth over the past year. The median value of a home in Marvin is $971,000, which is significantly higher than the U.S. median value of $338,100. Additionally, the 1-year appreciation rate of homes in Marvin is 18.96%, which is far greater than the national average of 8.27%. This trend indicates that investing in property in this area would be a wise choice for those looking to capitalize on increasing values and potential returns on their investments.
The median home cost in Marvin is $971,000. Home appreciation the last 10 years has been 120.1%. Home Appreciation in Marvin is up 25.0%.
Average Age of Homes
- The median age of Marvin real estate is 21 years old
The Rental Market in Marvin
- Renters make up 3.3% of the Marvin population
- 0.0% of houses and apartments in Marvin, 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.