Housing in Lattimore, NC is quite affordable when compared to the US median value of $338,100. The median value of a house here is only $140,600- much lower than the national average. Furthermore, the appreciation rate for housing in Lattimore, NC over the past year was 19.22%, significantly higher than the 8.27% national average. This suggests that housing in Lattimore is an attractive option for those looking to invest and/or buy a home at a reasonable price with good returns.
The median home cost in Lattimore is $140,600. Home appreciation the last 10 years has been 123.0%. Home Appreciation in Lattimore is up 25.2%.
Average Age of Homes
- The median age of Lattimore real estate is 38 years old
The Rental Market in Lattimore
- Renters make up 15.1% of the Lattimore population
- 4.9% of houses and apartments in Lattimore, 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.