Ranlo, NC is a great place to live with a median house value of $261,500. This is significantly lower than the US median house value of $338,100. Despite this difference in price point, Ranlo has seen an impressive 1 year appreciation rate of 19.65%, which is higher than the US average of 8.27%. Thus, investing in a home in Ranlo can be a great opportunity for those looking to get into the housing market or for people who want to capitalize on real estate appreciation.
The median home cost in Ranlo is $261,500. Home appreciation the last 10 years has been 127.7%. Home Appreciation in Ranlo is up 25.4%.
Average Age of Homes
- The median age of Ranlo real estate is 38 years old
The Rental Market in Ranlo
- Renters make up 23.9% of the Ranlo population
- 0.0% of houses and apartments in Ranlo, 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.