Zip 28338 (Ellerbe, NC) Housing

The housing market in 28338 Ellerbe, NC is thriving with a median value of $114,500, which is much lower than the national median value of $338,100. The US housing appreciation rate over the last year has been 8.27%, but it has been an even bigger success story in Ellerbe with a one-year appreciation rate of 16.91%. This suggests that real estate values are on the rise in Ellerbe and the area could be a great option for those looking to invest in property or purchase their own home.

The median home cost in Ellerbe (zip 28338) is $114,500. Home appreciation the last 10 years has been 61.0%. Home Appreciation in Ellerbe (zip 28338) is up 19.9%.

Average Age of Homes

- The median age of Ellerbe (zip 28338) real estate is 38 years old

The Rental Market in Ellerbe (zip 28338)

- Renters make up 30.8% of the Ellerbe (zip 28338) population
- 0.0% of houses and apartments in Ellerbe (zip 28338), 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	Ellerbe, North Carolina	United States
	1,854.0	139,647,020.0
	43	42
	$114,500	$338,100
	19.9%	16.6%
	58.4%	57.0%
	61.0%	101.1%
	$9.67	$10.98
	$957	$2,690
	66.2%	57.4%
	15.5%	11.2%
	18.2%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	6.8%	3.6%
	8.7%	4.1%
Value of Owner-Occupied Housing
	3.0%	2.6%
	1.8%	2.4%
	9.2%	2.8%
	18.6%	3.9%
	17.8%	4.5%
	12.8%	11.3%
	11.0%	13.0%
	9.4%	20.1%
	5.2%	13.6%
	2.1%	8.3%
	2.3%	9.7%
	0.3%	3.9%
	6.5%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	11.1%	13.6%
	11.1%	13.6%
	11.3%	13.6%
	18.9%	13.2%
	20.4%	14.8%
	11.3%	13.6%
	7.5%	10.0%
	4.8%	4.7%
	11.5%	12.2%

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