Elm City, NC is a great place to live with its housing median value at $176,300. This is about half the US house median value of $338,100, however Elm City has experienced an impressive 1 year house appreciation rate of 16.05% compared to the US average of 8.27%, showing a promising outlook for housing in the area. With its lower prices and higher appreciation rate, Elm City is an attractive option for those looking to buy a home.
The median home cost in Elm City is $176,300. Home appreciation the last 10 years has been 64.4%. Home Appreciation in Elm City is up 19.4%.
Average Age of Homes
- The median age of Elm City real estate is 46 years old
The Rental Market in Elm City
- Renters make up 34.9% of the Elm City population
- 5.8% of houses and apartments in Elm City, 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.