Zip 28622 (Elk Park, NC) Housing

The housing market in 28622 Elk Park, NC is thriving. The median value of homes in the area is $248,800, which is significantly lower than the US median value of $338,100. The US has seen a 1 year house appreciation of 8.27%, however, house appreciation in this location is 18.74%, more than double what the national rate is. This demonstrates that Elk Park is a popular and desirable place to live, with prices steadily increasing as it becomes more attractive to buyers and investors alike.

The median home cost in Elk Park (zip 28622) is $248,800. Home appreciation the last 10 years has been 92.8%. Home Appreciation in Elk Park (zip 28622) is up 24.0%.

Average Age of Homes

- The median age of Elk Park (zip 28622) real estate is 42 years old

The Rental Market in Elk Park (zip 28622)

- Renters make up 10.5% of the Elk Park (zip 28622) population
- 1.5% of houses and apartments in Elk Park (zip 28622), 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	Elk Park, North Carolina	United States
	1,685.0	139,647,020.0
	45	42
	$248,800	$338,100
	24.0%	16.6%
	75.5%	57.0%
	92.8%	101.1%
	$3.99	$10.98
	$543	$2,690
	57.6%	57.4%
	30.0%	11.2%
	12.3%	31.4%
Vacant Housing
	1.5%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	16.0%	3.6%
	12.5%	4.1%
Value of Owner-Occupied Housing
	2.5%	2.6%
	10.0%	2.4%
	9.5%	2.8%
	5.8%	3.9%
	8.0%	4.5%
	16.4%	11.3%
	13.8%	13.0%
	21.7%	20.1%
	0.8%	13.6%
	0.0%	8.3%
	5.1%	9.7%
	5.3%	3.9%
	1.1%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	13.2%	13.6%
	13.2%	13.6%
	15.2%	13.6%
	12.9%	13.2%
	16.4%	14.8%
	15.2%	13.6%
	11.4%	10.0%
	8.1%	4.7%
	8.7%	12.2%

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