Mecklenburg County, NC is an area with a highly desirable housing market. The median value of homes in the county is $393,000, which is significantly higher than the US House Median Value of $338,100. Additionally, houses in Mecklenburg County have had an impressive appreciation rate of 18.71% over the past year, more than double the US rate of 8.27%. This market has been driven by both its location and many attractive features like natural beauty, high-quality schools and community amenities. With such an attractive market, it’s no wonder that Mecklenburg County has become one of the most sought-after areas to buy a home in North Carolina.
The median home cost in Mecklenburg County is $393,000. Home appreciation the last 10 years has been 158.3%. Home Appreciation in Mecklenburg County is up 23.9%.
Average Age of Homes
- The median age of Mecklenburg County real estate is 26 years old
The Rental Market in Mecklenburg County
- Renters make up 37.8% of the Mecklenburg County population
- 3.0% of houses and apartments in Mecklenburg 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.