Pikeville, NC is a great place to invest in housing. The median value of homes in Pikeville is currently $203,700, which is relatively lower than the US median at $338,100. Over the past year, house appreciation has been strong with an 8.27% rate nationally and an even higher 16.05% rate for Pikeville. This means that those who invest in housing here will likely see good returns in the near future. With a great local economy and attractive prices on houses, now is an excellent time to purchase real estate in Pikeville.
The median home cost in Pikeville is $203,700. Home appreciation the last 10 years has been 64.4%. Home Appreciation in Pikeville is up 19.4%.
Average Age of Homes
- The median age of Pikeville real estate is 49 years old
The Rental Market in Pikeville
- Renters make up 28.5% of the Pikeville population
- 3.5% of houses and apartments in Pikeville, 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.