Elrod, NC is an up-and-coming community with a median housing value of $59,100. This is well below the US House Median Value of $338,100. However, Elrod's 1 year house appreciation rate is 16.91%, substantially higher than the national rate of 8.27%. This indicates that Elrod's housing market is rapidly growing and is outperforming the national average in terms of appreciation rates. Those looking to purchase a home will find that Elrod presents an attractive option given its reasonable prices and strong investment potential.
The median home cost in Elrod is $59,100. Home appreciation the last 10 years has been 61.0%. Home Appreciation in Elrod is up 19.9%.
Average Age of Homes
- The median age of Elrod real estate is 35 years old
The Rental Market in Elrod
- Renters make up 35.9% of the Elrod population
- 0.0% of houses and apartments in Elrod, 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.