Housing in Lenoir, NC County is a great investment for those looking to purchase a home. The median value of a house in the county is $122,400, significantly lower than the US House median value of $338,100. The appreciation rate in the past year was also higher than the national average of 8.27%, with Lenoir’s appreciation rate being 19.65%. This suggests that now is an ideal time to invest in housing in this county due to its low prices and high potential for returns.
The median home cost in Lenoir County is $122,400. Home appreciation the last 10 years has been 65.5%. Home Appreciation in Lenoir County is up 19.7%.
Average Age of Homes
- The median age of Lenoir County real estate is 42 years old
The Rental Market in Lenoir County
- Renters make up 34.4% of the Lenoir County population
- 1.8% of houses and apartments in Lenoir 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.