The housing market in Scotch Meadows, NC is an attractive option for potential homeowners. The median housing value in Scotch Meadows is $208,100, which is significantly lower than the US median housing value of $338,100. Furthermore, the house appreciation rate for the past year in Scotch Meadows has been 16.91%, which is more than double the US average of 8.27%. As a result, investing in property in Scotch Meadows can be a profitable endeavor that offers a good return on investment and is far cheaper than other markets across the country.
The median home cost in Scotch Meadows is $208,100. Home appreciation the last 10 years has been 61.0%. Home Appreciation in Scotch Meadows is up 19.9%.
Average Age of Homes
- The median age of Scotch Meadows real estate is 29 years old
The Rental Market in Scotch Meadows
- Renters make up 0.0% of the Scotch Meadows population
- 0.0% of houses and apartments in Scotch Meadows, 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.