Southmont, NC is a thriving community with an increasing housing market. The median value of houses in Southmont is $215,000, which is significantly lower than the US median house value of $338,100. However, the one year appreciation rate for homes in Southmont has been extremely impressive at 16.57%, higher than the US average of 8.27%. This suggests that there is strong demand for housing in Southmont and it is likely to remain a desirable place to live with an expanding economy.
The median home cost in Southmont is $215,000. Home appreciation the last 10 years has been 87.5%. Home Appreciation in Southmont is up 23.2%.
Average Age of Homes
- The median age of Southmont real estate is 24 years old
The Rental Market in Southmont
- Renters make up 6.8% of the Southmont population
- 0.0% of houses and apartments in Southmont, 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.