Hertford, NC is known for its affordable housing. The median value of homes in the area is $245,800, which is significantly lower than the US House Median Value of $338,100. In addition to its relatively low cost compared to the national average, Hertford also has seen a higher rate of appreciation over the past year – 13.68% compared to 8.27% nationally. This makes it an attractive option for those looking for a new home or investment property. With affordability and strong potential for appreciation, Hertford is a great choice for anyone in search of housing in the region.
The median home cost in Hertford is $245,800. Home appreciation the last 10 years has been 72.3%. Home Appreciation in Hertford is up 19.6%.
Average Age of Homes
- The median age of Hertford real estate is 52 years old
The Rental Market in Hertford
- Renters make up 38.2% of the Hertford population
- 4.0% of houses and apartments in Hertford, 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.