Forest City Metro Area, NC Housing

The housing market in the Forest City, NC Metro Area is thriving. The median value of homes in the area is $184,200, which is significantly lower than the US median value of $338,100. Furthermore, while the US saw an average year-over-year appreciation of 8.27%, homes in the Forest City Metro Area experienced a remarkable 18.83% increase in value over the same period. This suggests that Forest City represents a great opportunity for homeowners and investors alike.

The median home cost in Forest City Metro Area is $184,200. Home appreciation the last 10 years has been 123.7%. Home Appreciation in Forest City Metro Area is up 25.1%.

Average Age of Homes

- The median age of Forest City Metro Area real estate is 38 years old

The Rental Market in Forest City Metro Area

- Renters make up 22.0% of the Forest City Metro Area population
- 1.6% of houses and apartments in Forest City Metro Area, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Forest City, North Carolina	United States
	32,635.0	139,647,020.0
	42	42
	$184,200	$338,100
	25.1%	16.6%
	80.4%	57.0%
	123.7%	101.1%
	$6.71	$10.98
	$897	$2,690
	57.1%	57.4%
	20.6%	11.2%
	22.3%	31.4%
Vacant Housing
	1.6%	1.9%
	0.2%	0.4%
	0.7%	0.7%
	0.5%	0.4%
	6.3%	3.6%
	11.2%	4.1%
Value of Owner-Occupied Housing
	5.4%	2.6%
	5.5%	2.4%
	7.3%	2.8%
	9.4%	3.9%
	8.1%	4.5%
	18.8%	11.3%
	17.8%	13.0%
	14.8%	20.1%
	5.7%	13.6%
	2.0%	8.3%
	2.5%	9.7%
	0.8%	3.9%
	1.6%	2.2%
	0.1%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	14.3%	13.6%
	14.3%	13.6%
	18.3%	13.6%
	12.3%	13.2%
	15.0%	14.8%
	18.3%	13.6%
	10.2%	10.0%
	7.1%	4.7%
	8.1%	12.2%

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