The housing market in 28501 Kinston, NC is thriving. The median value of homes in this area is $76,400, which is significantly lower than the US median value of $338,100. However, the rate of appreciation for homes in this area over the past year was 15.05%, more than double the US rate of 8.27%. This indicates that there is a strong demand for housing in this area and that prices will likely continue to rise.
The median home cost in Kinston (zip 28501) is $76,400. Home appreciation the last 10 years has been 65.5%. Home Appreciation in Kinston (zip 28501) is up 19.7%.
Average Age of Homes
- The median age of Kinston (zip 28501) real estate is 54 years old
The Rental Market in Kinston (zip 28501)
- Renters make up 43.5% of the Kinston (zip 28501) population
- 3.6% of houses and apartments in Kinston (zip 28501), 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.