The housing market in Dobson, NC is booming. The median value of homes in the area is $194,300, which is substantially lower than the US median value of $338,100. However, the appreciation rate for homes in Dobson is much higher than the national average of 8.27%. In fact, it has seen a exponential increase of 20.58% within one year alone. This level of growth is unheard of nationally and signals that Dobson may be an ideal place to invest in real estate.
The median home cost in Dobson is $194,300. Home appreciation the last 10 years has been 75.3%. Home Appreciation in Dobson is up 19.6%.
Average Age of Homes
- The median age of Dobson real estate is 39 years old
The Rental Market in Dobson
- Renters make up 49.6% of the Dobson population
- 4.1% of houses and apartments in Dobson, 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.