The housing in Newland, NC is quite attractive to potential buyers. The median value of houses in the area is $218,900, significantly lower than the US house median value of $338,100. What's more, the one year appreciation for houses in Newland is an impressive 18.74%, much higher than the national average of 8.27%. These statistics demonstrate that investing in real estate in Newland can be a wise decision and should definitely be considered by potential home-buyers.
The median home cost in Newland is $218,900. Home appreciation the last 10 years has been 92.8%. Home Appreciation in Newland is up 24.0%.
Average Age of Homes
- The median age of Newland real estate is 39 years old
The Rental Market in Newland
- Renters make up 33.1% of the Newland population
- 1.7% of houses and apartments in Newland, 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.