Housing in Speed, NC is significantly more affordable than the national median value. The current median housing value in Speed, NC is $97,500 compared to the US median of $338,100. In addition, the 1 year appreciation rate for housing in Speed, NC is 16.05%, which is substantially higher than the US appreciation rate of 8.27%. This makes Speed a great choice for those looking to invest in real estate and take advantage of a rapidly increasing housing market.
The median home cost in Speed is $97,500. Home appreciation the last 10 years has been 64.4%. Home Appreciation in Speed is up 19.4%.
Average Age of Homes
- The median age of Speed real estate is 26 years old
The Rental Market in Speed
- Renters make up 22.4% of the Speed population
- 0.0% of houses and apartments in Speed, 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.