Housing in Lake Norman of Catawba, NC is significantly more expensive than the US national average. The median value for homes in this area stands at an impressive $830,000, compared to the US median house value of $338,100. This gap has only widened over the past year with house appreciation in Lake Norman of Catawba, NC being almost double that of the US at 18.96%, while the national average for house appreciation was 8.27%. Consequently, Lake Norman of Catawba, NC has become a desirable place for those looking to invest in real estate as those who put their money here can expect to receive a great return on their investment.
The median home cost in Lake Norman of Iredell is $830,000. Home appreciation the last 10 years has been 120.1%. Home Appreciation in Lake Norman of Iredell is up 25.0%.
Average Age of Homes
- The median age of Lake Norman of Iredell real estate is 25 years old
The Rental Market in Lake Norman of Iredell
- Renters make up 11.4% of the Lake Norman of Iredell population
- 0.0% of houses and apartments in Lake Norman of Iredell, 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.