North Carolina Housing

The housing market in North Carolina State is thriving, with the median home value currently sitting at $289,300. This is substantially lower than the US national average of $338,100, making it an attractive option for those looking to buy a home. Furthermore, house prices have seen strong appreciation over the past year in North Carolina State, rising by 13.27%, nearly 5% more than the US 1 year House Appreciation rate of 8.27%. This indicates that now is a great time to invest in housing in North Carolina State as prices are likely to continue to rise.

The median home cost in North Carolina is $289,300. Home appreciation the last 10 years has been 106.1%. Home Appreciation in North Carolina is up 22.8%.

Average Age of Homes

- The median age of North Carolina real estate is 30 years old

The Rental Market in North Carolina

- Renters make up 29.2% of the North Carolina population
- 2.1% of houses and apartments in North Carolina, 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	North Carolina, North Carolina	United States
	4,673,933.0	139,647,020.0
	32	42
	$289,300	$338,100
	22.8%	16.6%
	71.8%	57.0%
	106.1%	101.1%
	$8.39	$10.98
	$1,583	$2,690
	56.9%	57.4%
	13.7%	11.2%
	29.4%	31.4%
Vacant Housing
	2.1%	1.9%
	0.5%	0.4%
	0.9%	0.7%
	0.5%	0.4%
	4.2%	3.6%
	5.5%	4.1%
Value of Owner-Occupied Housing
	3.4%	2.6%
	2.4%	2.4%
	3.2%	2.8%
	4.7%	3.9%
	6.1%	4.5%
	15.0%	11.3%
	15.9%	13.0%
	21.3%	20.1%
	12.5%	13.6%
	6.4%	8.3%
	5.8%	9.7%
	1.8%	3.9%
	0.9%	2.2%
	0.3%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	18.7%	13.6%
	18.7%	13.6%
	19.1%	13.6%
	14.9%	13.2%
	13.1%	14.8%
	19.1%	13.6%
	6.7%	10.0%
	3.3%	4.7%
	5.1%	12.2%

Reviews for North Carolina

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Ash · Hendersonville, NC

Western NC is Not the place to live

Over 5 years ago

Western NC (eg Asheville, Hendersonville and surrounding areas) is Not the place to move to. No proper supporting jobs except tourism and elderly care. Horrendous drug More

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Tom · Franklin, NC

Retirement living

Over 7 years ago

Lots of scenery, slow moving, minor crime and mostly friendly people. Natives only want your money: was told I needed to spend my money locally and not else ware. If you More

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Margaret · Bay Village, OH

North Carolina is not safe.

Over 8 years ago

To Best Places: Due to an archaic discriminatory common law North Carolina is not a good place to move to or to live in. It is known as the 1% contributory negligence More