Zip 28377 (Red Springs, NC) Housing

The housing market in 28377 Red Springs, NC is a great place to invest. According to the given data, the median value of housing in this area is $78,700, which is significantly lower than the national median value of $338,100. Although the national appreciation rate for houses was 8.27% over the last year, homes in 28377 Red Springs experienced an even higher appreciation rate of 16.91%, indicating that investing in housing here could be a wise decision.

The median home cost in Red Springs (zip 28377) is $78,700. Home appreciation the last 10 years has been 61.0%. Home Appreciation in Red Springs (zip 28377) is up 19.9%.

Average Age of Homes

- The median age of Red Springs (zip 28377) real estate is 34 years old

The Rental Market in Red Springs (zip 28377)

- Renters make up 32.2% of the Red Springs (zip 28377) population
- 1.8% of houses and apartments in Red Springs (zip 28377), 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	Red Springs, North Carolina	United States
	4,802.0	139,647,020.0
	42	42
	$78,700	$338,100
	19.9%	16.6%
	58.4%	57.0%
	61.0%	101.1%
	$11.40	$10.98
	$861	$2,690
	57.5%	57.4%
	13.9%	11.2%
	28.6%	31.4%
Vacant Housing
	1.8%	1.9%
	0.1%	0.4%
	0.1%	0.7%
	0.7%	0.4%
	0.0%	3.6%
	11.2%	4.1%
Value of Owner-Occupied Housing
	13.1%	2.6%
	9.2%	2.4%
	11.9%	2.8%
	21.1%	3.9%
	11.9%	4.5%
	10.8%	11.3%
	9.7%	13.0%
	8.5%	20.1%
	1.3%	13.6%
	2.1%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.2%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	13.1%	13.6%
	13.1%	13.6%
	16.8%	13.6%
	13.7%	13.2%
	25.0%	14.8%
	16.8%	13.6%
	8.2%	10.0%
	2.5%	4.7%
	7.1%	12.2%

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