Cedar Point, NC is a popular residential area and its housing market has been performing well. The median value of homes in the area is $438,400, which is significantly higher than the national average at $338,100. In addition, the one year house appreciation rate in Cedar Point is 15.05%, while the national average sits at 8.27%. This indicates that there is strong demand for property in Cedar Point and suggests that it can be a good investment for prospective buyers.
The median home cost in Cedar Point is $438,400. Home appreciation the last 10 years has been 65.5%. Home Appreciation in Cedar Point is up 19.7%.
Average Age of Homes
- The median age of Cedar Point real estate is 18 years old
The Rental Market in Cedar Point
- Renters make up 13.6% of the Cedar Point population
- 0.9% of houses and apartments in Cedar Point, 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.