Welcome, NC has seen a booming real estate market in recent years. The median value of a house in Welcome is currently $146,100, which is significantly lower than the US median value of $338,100. However, the one-year appreciation rate of housing in Welcome is 16.62%, almost double the national average of 8.27%. This suggests that the housing market in Welcome is growing faster than other parts of the country and could be an attractive option for prospective buyers.
The median home cost in Welcome is $146,100. Home appreciation the last 10 years has been 87.4%. Home Appreciation in Welcome is up 23.2%.
Average Age of Homes
- The median age of Welcome real estate is 34 years old
The Rental Market in Welcome
- Renters make up 18.7% of the Welcome population
- 4.5% of houses and apartments in Welcome, 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.