The housing market in Raeford, NC (zip code 28376) is thriving with a median value of $226,600. This is significantly lower than the national median of $338,100 and much lower than other cities such as New York City. Despite this difference in pricing, the one year appreciation rate for housing in Raeford is 16.91%, which is almost double the national rate of 8.27%. This speaks to the relative affordability and stability of the local housing market, making it an attractive option for those looking to buy a home.
The median home cost in Raeford (zip 28376) is $226,600. Home appreciation the last 10 years has been 61.0%. Home Appreciation in Raeford (zip 28376) is up 19.9%.
Average Age of Homes
- The median age of Raeford (zip 28376) real estate is 21 years old
The Rental Market in Raeford (zip 28376)
- Renters make up 29.9% of the Raeford (zip 28376) population
- 1.8% of houses and apartments in Raeford (zip 28376), 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.