Housing in Mayodan, NC is a great investment. The median value of a house is $120,200, which is lower than the US House Median Value of $338,100. In addition, the US 1 year House Appreciation rate is 8.27%, while the 1 year appreciation rate for houses in Mayodan, NC is 20.58%. This means that investing in housing in Mayodan will result in a greater return on your investment over time. Furthermore, there are many other amenities and features that make living and investing in Mayodan an attractive option for home buyers and investors alike.
The median home cost in Mayodan is $120,200. Home appreciation the last 10 years has been 75.3%. Home Appreciation in Mayodan is up 19.6%.
Average Age of Homes
- The median age of Mayodan real estate is 57 years old
The Rental Market in Mayodan
- Renters make up 45.0% of the Mayodan population
- 1.4% of houses and apartments in Mayodan, 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.