The housing market in Salvo, NC is thriving. The median value of a house in the town is currently $591,600, which is significantly higher than the US median home value of $338,100. In addition to this, the one year appreciation rate for homes in Salvo, NC has been 13.68%, which is higher than the US average 1 year appreciation rate of 8.27%. This indicates that Salvo's housing market is doing well and may continue to experience growth in the future.
The median home cost in Salvo is $591,600. Home appreciation the last 10 years has been 72.3%. Home Appreciation in Salvo is up 19.6%.
Average Age of Homes
- The median age of Salvo real estate is 26 years old
The Rental Market in Salvo
- Renters make up 4.6% of the Salvo population
- 42.1% of houses and apartments in Salvo, 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.