The housing in Forest Oaks, NC is quite impressive. The median housing value in the area is $280,600 which is significantly lower than the US House median value of $338,100. However, while the US house appreciation rate was 8.27%, the appreciation rate for houses in Forest Oaks was an impressive 17.34%. This shows that the housing market in this area has been growing and will be a great investment opportunity for potential homeowners or investors looking to buy a property here.
The median home cost in Forest Oaks is $280,600. Home appreciation the last 10 years has been 84.6%. Home Appreciation in Forest Oaks is up 19.5%.
Average Age of Homes
- The median age of Forest Oaks real estate is 38 years old
The Rental Market in Forest Oaks
- Renters make up 1.3% of the Forest Oaks population
- 0.0% of houses and apartments in Forest Oaks, 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.