Halifax, NC County has an impressive median value for housing, at $85,600. This is much lower than the US house median value of $338,100. Despite this difference in price point, Halifax is still able to experience strong appreciation levels for housing. The US 1 year house appreciation rate is 8.27%, while Halifax's house 1 year appreciation rate stands at 15.26%. This demonstrates that many people are interested in buying homes in this county and there is a healthy market for real estate investments here. For those looking for a more affordable option than the national average with great potential for appreciation, Halifax may be an ideal option.
The median home cost in Halifax County is $85,600. Home appreciation the last 10 years has been 64.4%. Home Appreciation in Halifax County is up 19.4%.
Average Age of Homes
- The median age of Halifax County real estate is 41 years old
The Rental Market in Halifax County
- Renters make up 31.3% of the Halifax County population
- 1.5% of houses and apartments in Halifax 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.