Erwin, NC has an impressive housing market with a median value of $180,000. This is significantly lower than the US house median value of $338,100. However, Erwin's one-year house appreciation rate is more than double the US average at 16.91%, indicating that there may be good investment potential in this area. With continued growth anticipated in the coming years, Erwin could be a good option for those looking to buy a home or invest in real estate.
The median home cost in Erwin is $180,000. Home appreciation the last 10 years has been 61.0%. Home Appreciation in Erwin is up 19.9%.
Average Age of Homes
- The median age of Erwin real estate is 59 years old
The Rental Market in Erwin
- Renters make up 26.9% of the Erwin population
- 5.9% of houses and apartments in Erwin, 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.