New Bern, NC has an impressive housing median value of $239,500, which is substantially lower than the national median house value of $338,100. In the last year alone, the appreciation of houses in New Bern has increased by 15.05%, significantly more than the national average appreciation of 8.27%. This makes New Bern an attractive and affordable housing option for potential homeowners.
The median home cost in New Bern is $239,500. Home appreciation the last 10 years has been 65.5%. Home Appreciation in New Bern is up 19.7%.
Average Age of Homes
- The median age of New Bern real estate is 30 years old
The Rental Market in New Bern
- Renters make up 41.7% of the New Bern population
- 3.2% of houses and apartments in New Bern, 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.