Zip 28422 (Bolivia, NC) Housing

The housing market in 28422 Bolivia, NC is thriving. The median value of homes in the area stands at $344,000, higher than the US median house value of $338,100. The appreciation rate for houses in the area also outstrips the national average; the national 1 year appreciation rate for houses is 8.27%, whereas in 28422 Bolivia it is 18.56%. This indicates that housing prices in the area are rising and that real estate investments in this area may yield significant returns.

The median home cost in Bolivia (zip 28422) is $344,000. Home appreciation the last 10 years has been 114.4%. Home Appreciation in Bolivia (zip 28422) is up 24.7%.

Average Age of Homes

- The median age of Bolivia (zip 28422) real estate is 21 years old

The Rental Market in Bolivia (zip 28422)

- Renters make up 17.9% of the Bolivia (zip 28422) population
- 0.6% of houses and apartments in Bolivia (zip 28422), 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	Bolivia, North Carolina	United States
	3,946.0	139,647,020.0
	20	42
	$344,000	$338,100
	24.7%	16.6%
	79.4%	57.0%
	114.4%	101.1%
	$4.96	$10.98
	$1,237	$2,690
	64.7%	57.4%
	21.9%	11.2%
	13.4%	31.4%
Vacant Housing
	0.6%	1.9%
	0.0%	0.4%
	0.5%	0.7%
	0.6%	0.4%
	17.1%	3.6%
	3.1%	4.1%
Value of Owner-Occupied Housing
	6.2%	2.6%
	3.0%	2.4%
	0.5%	2.8%
	5.7%	3.9%
	4.6%	4.5%
	8.2%	11.3%
	12.0%	13.0%
	17.0%	20.1%
	17.0%	13.6%
	15.6%	8.3%
	7.7%	9.7%
	0.4%	3.9%
	2.0%	2.2%
	0.2%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	29.3%	13.6%
	29.3%	13.6%
	14.7%	13.6%
	10.1%	13.2%
	14.5%	14.8%
	14.7%	13.6%
	1.1%	10.0%
	0.3%	4.7%
	0.8%	12.2%

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