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Elevation, NC Housing
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United States
/
North Carolina
/
Raleigh-Cary Metro Area
/
Johnston County
/ Elevation /
Zip Codes
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Elevation, NC is a city with a high demand for housing. The median value of housing in the city is $295,700 which is significantly lower than the US House Median Value of $338,100. Despite this difference in prices, Elevation has seen a considerable surge in house appreciation over the past year, reaching 25.00%, far greater than the US 1 year House Appreciation of 8.27%. This growth highlights the desirability and potential return on investments that housing in Elevation holds for buyers looking to enter its highly competitive market.
Median Monthly Rent by Number of Bedrooms
Housing by Year Built
Housing
Elevation, North Carolina
United States
Number of Homes
3,567.0
139,647,020.0
Median Home Age
35
42
Median Home Cost
$295,700
$338,100
Home Appr. Last 12 months
25.0%
16.6%
Home Appr. Last 5 yrs.
72.1%
57.0%
Home Appr. Last 10 yrs.
108.1%
101.1%
Property Tax Rate
$8.10
$10.98
Property Taxes Paid
$1,412
$2,690
Homes Owned
63.6%
57.4%
Housing Vacant
12.8%
11.2%
Homes Rented
23.5%
31.4%
Vacant Housing
Vacant For Rent
0.8%
1.9%
Vacant Rented
0.8%
0.4%
Vacant For Sale
2.8%
0.7%
Vacant Sold
1.6%
0.4%
Vacant Vacation
0.0%
3.6%
Vacant Other
6.8%
4.1%
Value of Owner-Occupied Housing
Less Than $20,000
0.9%
2.6%
$20,000 to $39,999
9.0%
2.4%
$40,000 to $59,999
2.0%
2.8%
$60,000 to $79,999
1.1%
3.9%
$80,000 to $99,999
7.0%
4.5%
$100,000 to $149,999
17.0%
11.3%
$150,000 to $199,999
20.7%
13.0%
$200,000 to $299,999
31.3%
20.1%
$300,000 to $399,999
5.0%
13.6%
$400,000 to $499,999
5.4%
8.3%
$500,000 to $749,999
0.0%
9.7%
$750,000 to $999,999
0.0%
3.9%
$1,000,000 to $1,499,999
0.0%
2.2%
$1,500,000 to $1,999,999
0.0%
0.8%
$2,000,000 and over
0.5%
1.1%
Housing Units by Year Structure Built
2014 and newer
0.0%
0.2%
2010 to 2013
14.9%
13.6%
2000 to 2009
14.9%
13.6%
1990 to 1999
14.0%
13.6%
1980 to 1989
15.1%
13.2%
1970 to 1979
12.8%
14.8%
1960 to 1969
14.0%
13.6%
1950 to 1959
8.0%
10.0%
1940 to 1949
7.1%
4.7%
1939 or Earlier
6.1%
12.2%
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