The housing market in Coats, NC has seen a significant amount of appreciation in the past year. The median value of homes in Coats is currently $217,300, which is significantly lower than the US median value of $338,100. Nevertheless, the appreciation rate for properties in Coats has been much higher than the national average. In the past year alone, home values have risen by 15.26%, nearly double the 8.27% appreciation rate recorded nationally. It is clear that Coats is an excellent option for potential homeowners looking for a place to invest in real estate.
The median home cost in Coats is $217,300. Home appreciation the last 10 years has been 108.1%. Home Appreciation in Coats is up 25.0%.
Average Age of Homes
- The median age of Coats real estate is 43 years old
The Rental Market in Coats
- Renters make up 43.5% of the Coats population
- 4.8% of houses and apartments in Coats, 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.