Southport, NC is a great place to invest in housing. The median value of housing in Southport is $354,800 which is significantly higher than the US median value of $338,100. Furthermore, the one-year house appreciation rate for Southport was 18.56%, which is substantially higher than the US rate of 8.27%. This indicates that Southport housing market has been experiencing tremendous growth and presents an attractive opportunity to potential buyers and investors.
The median home cost in Southport is $354,800. Home appreciation the last 10 years has been 114.4%. Home Appreciation in Southport is up 24.7%.
Average Age of Homes
- The median age of Southport real estate is 22 years old
The Rental Market in Southport
- Renters make up 33.3% of the Southport population
- 2.4% of houses and apartments in Southport, 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.