The housing market in 28430 Cerro Gordo, NC is particularly strong, with a median value of $175,900 and an appreciation rate of 18.56% over the last year. This is significantly higher than the US house median value of $338,100 and much higher than the national 1 year house appreciation rate of 8.27%. As such, it appears to be an excellent time for people to invest in the housing market in Cerro Gordo.
The median home cost in Cerro Gordo (zip 28430) is $175,900. Home appreciation the last 10 years has been 114.4%. Home Appreciation in Cerro Gordo (zip 28430) is up 24.7%.
Average Age of Homes
- The median age of Cerro Gordo (zip 28430) real estate is 36 years old
The Rental Market in Cerro Gordo (zip 28430)
- Renters make up 27.2% of the Cerro Gordo (zip 28430) population
- 0.0% of houses and apartments in Cerro Gordo (zip 28430), 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.