The housing market in Tryon, NC is one of the strongest in the nation. The median value of a home in Tryon is $357,700, which is much higher than the US House median value of $338,100. Additionally, the US 1 year house appreciation rate is 8.27%, while the 1 year appreciation rate for housing in Tryon is an impressive 18.83%. These figures indicate that residence in Tryon are making wise investments by purchasing homes and that their wealth will continue to increase over time as the rate of return on their investment increases.
The median home cost in Tryon is $357,700. Home appreciation the last 10 years has been 106.2%. Home Appreciation in Tryon is up 22.1%.
Average Age of Homes
- The median age of Tryon real estate is 51 years old
The Rental Market in Tryon
- Renters make up 27.6% of the Tryon population
- 0.0% of houses and apartments in Tryon, 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.