The housing market in Pinehurst-Southern Pines, NC Metro Area is a great place to invest. The median value of homes in the area is slightly higher than the national average at $365,700 compared to $338,100 nationally. Over the past year, home appreciation has been especially strong with an increase of 15.68%, which is significantly more than the national average of 8.27%. This indicates that homes in this area are growing in value and could yield excellent returns for investors over time.
The median home cost in Pinehurst-Southern Pines Metro Area is $365,700. Home appreciation the last 10 years has been 66.8%. Home Appreciation in Pinehurst-Southern Pines Metro Area is up 20.7%.
Average Age of Homes
- The median age of Pinehurst-Southern Pines Metro Area real estate is 28 years old
The Rental Market in Pinehurst-Southern Pines Metro Area
- Renters make up 21.0% of the Pinehurst-Southern Pines Metro Area population
- 1.2% of houses and apartments in Pinehurst-Southern Pines 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.