New Hill, NC is an attractive place to live due to its affordable housing. The median value of a house in New Hill currently stands at $622,300, which is significantly higher than the US median of $338,100. This may seem like a large difference at first, but when considering the US 1 year house appreciation rate of 8.27%, and the New Hill 1 year appreciation rate of 15.26%, it is evident that this difference can be easily made up over time. With such an attractive housing market, New Hill continues to draw new residents seeking a good quality of life without breaking the bank.
The median home cost in New Hill (zip 27562) is $622,300. Home appreciation the last 10 years has been 108.1%. Home Appreciation in New Hill (zip 27562) is up 25.0%.
Average Age of Homes
- The median age of New Hill (zip 27562) real estate is 30 years old
The Rental Market in New Hill (zip 27562)
- Renters make up 11.4% of the New Hill (zip 27562) population
- 1.8% of houses and apartments in New Hill (zip 27562), 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.