Housing in Davidson, NC is a desirable commodity, as evidenced by its median value of $567,400 which is significantly higher than the US house median value of $338,100. The appreciation rate for housing in Davidson was also much higher than the US appreciation rate; it was 19.63% compared to 8.27%. This indicates that the demand for housing in Davidson is strong and that real estate investments are likely to be rewarding there.
The median home cost in Davidson is $567,400. Home appreciation the last 10 years has been 127.5%. Home Appreciation in Davidson is up 25.4%.
Average Age of Homes
- The median age of Davidson real estate is 19 years old
The Rental Market in Davidson
- Renters make up 21.9% of the Davidson population
- 4.0% of houses and apartments in Davidson, 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.