The housing in Newton Grove, NC is quite desirable. The median value of houses in the city is $130,300, which is much lower than the US median house value of $338,100. Furthermore, the recent year-over-year appreciation rate for homes in Newton Grove is 16.91%, which is significantly higher than the national average appreciation rate of 8.27%. Therefore, if you are looking for a place to buy a home and want to maximize your investment potential then Newton Grove might be an excellent option.
The median home cost in Newton Grove is $130,300. Home appreciation the last 10 years has been 61.0%. Home Appreciation in Newton Grove is up 19.9%.
Average Age of Homes
- The median age of Newton Grove real estate is 47 years old
The Rental Market in Newton Grove
- Renters make up 41.8% of the Newton Grove population
- 0.0% of houses and apartments in Newton Grove, 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.