Housing in Locust, NC is a desirable option for many. The median value of homes in the area is $357,300, which is higher than the US housing market median of $338,100. Additionally, the 1 year house appreciation rate in Locust is 19.64% - a significantly higher rate than the national average of 8.27%. These facts demonstrate that it is a wise investment to buy property in Locust due to its high value and excellent return potential.
The median home cost in Locust is $357,300. Home appreciation the last 10 years has been 127.6%. Home Appreciation in Locust is up 25.4%.
Average Age of Homes
- The median age of Locust real estate is 22 years old
The Rental Market in Locust
- Renters make up 13.2% of the Locust population
- 0.0% of houses and apartments in Locust, 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.