The housing market in Cleveland, NC County is flourishing. The median value of homes in the area is currently at $157,400, which is significantly lower than the US median value of $338,100. In the past year, the appreciation rate for homes has been an impressive 18.72%, much higher than the 8.27% appreciation rate for all US housing markets. This means that the market is growing quickly and offers a great opportunity for potential home buyers looking to make an investment in Cleveland, NC County.
The median home cost in Cleveland County is $157,400. Home appreciation the last 10 years has been 123.2%. Home Appreciation in Cleveland County is up 25.2%.
Average Age of Homes
- The median age of Cleveland County real estate is 38 years old
The Rental Market in Cleveland County
- Renters make up 27.4% of the Cleveland County population
- 1.5% of houses and apartments in Cleveland County, 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.