The housing market in South Mills, NC is booming. The median value of homes in this region is $340,600, which is higher than the US median of $338,100. Additionally, the one year appreciation rate of houses in South Mills is 13.68%, significantly higher than the national average of 8.27%. This indicates that now may be a great time to invest in property in this area as prices are likely to continue rising.
The median home cost in South Mills is $340,600. Home appreciation the last 10 years has been 72.3%. Home Appreciation in South Mills is up 19.6%.
Average Age of Homes
- The median age of South Mills real estate is 63 years old
The Rental Market in South Mills
- Renters make up 36.9% of the South Mills population
- 0.0% of houses and apartments in South Mills, 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.