The housing market in 27205 Asheboro, NC is particularly strong compared to the national average. The median value of homes in 27205 Asheboro, NC is $215,500, which is significantly lower than the US median home value of $338,100. Despite this lower value, there has been a significant appreciation in housing prices in the last year with a 16.52% increase compared to the nation's 8.27%. This suggests that Asheboro real estate is a sound investment for the future and could be a great opportunity for those looking to buy or sell a property in the area.
The median home cost in Asheboro (zip 27205) is $215,500. Home appreciation the last 10 years has been 87.6%. Home Appreciation in Asheboro (zip 27205) is up 23.2%.
Average Age of Homes
- The median age of Asheboro (zip 27205) real estate is 32 years old
The Rental Market in Asheboro (zip 27205)
- Renters make up 18.5% of the Asheboro (zip 27205) population
- 0.6% of houses and apartments in Asheboro (zip 27205), 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.