Housing in 28720 Chimney Rock Village, NC is much more expensive than the US median value. The median value for housing in this area is $421,200, which is more than 25% higher than the US median of $338,100. In addition to being more expensive, homes in 28720 Chimney Rock Village appreciate at a rate that is over twice as high as the national average. According to data from the past year, homes in this area have appreciated by 18.83%, while the US appreciation rate was only 8.27%. This makes housing in 28720 Chimney Rock Village a great investment opportunity for prospective homeowners.
The median home cost in Chimney Rock Village (zip 28720) is $421,200. Home appreciation the last 10 years has been 106.2%. Home Appreciation in Chimney Rock Village (zip 28720) is up 22.1%.
Average Age of Homes
- The median age of Chimney Rock Village (zip 28720) real estate is 63 years old
The Rental Market in Chimney Rock Village (zip 28720)
- Renters make up 3.6% of the Chimney Rock Village (zip 28720) population
- 11.2% of houses and apartments in Chimney Rock Village (zip 28720), 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.