Yancey, NC County is a great place to invest in housing. The median value of housing there is $285,100, which is lower than the national average of $338,100. Not only that, but house appreciation has been higher in Yancey than in the US as a whole over the past year; at 9.41%, it is higher than the national average of 8.27%. With such favorable conditions for investment, it's no surprise that Yancey is becoming an increasingly popular place to buy and rent property.
The median home cost in Yancey County is $285,100. Home appreciation the last 10 years has been 106.2%. Home Appreciation in Yancey County is up 22.1%.
Average Age of Homes
- The median age of Yancey County real estate is 34 years old
The Rental Market in Yancey County
- Renters make up 15.9% of the Yancey County population
- 1.2% of houses and apartments in Yancey 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.