The housing market in Wesley Chapel, NC is thriving. The median value of homes in Wesley Chapel is significantly higher than the national average at $562,100 compared to $338,100. In addition to this, the one year house appreciation rate is 19.00%, which is nearly double the US rate of 8.27%. This indicates that the value of homes in Wesley Chapel are increasing faster than US home values and bodes well for homeowners who have invested in real estate here. Overall, this suggests a healthy housing market with strong growth potential.
The median home cost in Wesley Chapel is $562,100. Home appreciation the last 10 years has been 120.5%. Home Appreciation in Wesley Chapel is up 25.0%.
Average Age of Homes
- The median age of Wesley Chapel real estate is 16 years old
The Rental Market in Wesley Chapel
- Renters make up 2.4% of the Wesley Chapel population
- 0.8% of houses and apartments in Wesley Chapel, 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.