The housing market in Rural Hall, NC is booming. The median value of a house in Rural Hall is currently $229,800, which is much lower than the US House Median Value of $338,100. While the US House Appreciation for the past year was 8.27%, the house appreciation in Rural Hall for the same period was 20.58%. This indicates that homeowners and potential buyers alike are seeing great returns on their investments in the area. The housing market looks to be a strong one in Rural Hall, NC with prices continuing to rise steadily.
The median home cost in Rural Hall is $229,800. Home appreciation the last 10 years has been 75.3%. Home Appreciation in Rural Hall is up 19.6%.
Average Age of Homes
- The median age of Rural Hall real estate is 40 years old
The Rental Market in Rural Hall
- Renters make up 35.7% of the Rural Hall population
- 4.9% of houses and apartments in Rural Hall, 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.