The housing market in Wanchese, NC is a great investment opportunity with the median value of homes reaching $305,100. This is well below the US median house value of $338,100, offering an affordable option for potential buyers. Additionally, the 1 year house appreciation rate in Wanchese is 13.68%, which is higher than the US average rate of 8.27%. Therefore, investing in property in Wanchese can be highly profitable over time.
The median home cost in Wanchese is $305,100. Home appreciation the last 10 years has been 72.3%. Home Appreciation in Wanchese is up 19.6%.
Average Age of Homes
- The median age of Wanchese real estate is 34 years old
The Rental Market in Wanchese
- Renters make up 30.0% of the Wanchese population
- 1.2% of houses and apartments in Wanchese, 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.