The housing market in Bessemer City, NC is booming. The median value for homes is $219,100, which is significantly lower than the US median value of $338,100. In addition to this attractive price point, the appreciation rate for homes in Bessemer City has been impressive over the past year at 19.65%, compared to the US average of 8.27%. This makes it an attractive option for those looking to invest in a property or relocate to the area. With these factors combined, it's easy to see why so many people are drawn to the housing market in Bessemer City, NC.
The median home cost in Bessemer City is $219,100. Home appreciation the last 10 years has been 127.7%. Home Appreciation in Bessemer City is up 25.4%.
Average Age of Homes
- The median age of Bessemer City real estate is 46 years old
The Rental Market in Bessemer City
- Renters make up 31.7% of the Bessemer City population
- 4.6% of houses and apartments in Bessemer 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.