Moravian Falls, North Carolina is a great place to buy a home. The median housing value in Moravian Falls is $232,600, which is significantly lower than the US median housing value of $338,100. Moreover, the appreciation rate of the town's houses has been 18.74% over the past year, which is significantly higher than the US one-year house appreciation rate of 8.27%. This makes Moravian Falls an attractive option for potential homeowners looking to buy a home at a relatively low cost with high return potential.
The median home cost in Moravian Falls is $232,600. Home appreciation the last 10 years has been 92.8%. Home Appreciation in Moravian Falls is up 24.0%.
Average Age of Homes
- The median age of Moravian Falls real estate is 42 years old
The Rental Market in Moravian Falls
- Renters make up 39.2% of the Moravian Falls population
- 0.0% of houses and apartments in Moravian Falls, 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.