The housing market in 28385 Salemburg, NC is thriving. The median value of a house in the area is $113,800, significantly lower than the US house median value of $338,100. Although the US house appreciation rate in the last year was 8.27%, Salemburg's rate was much higher at 16.91%. This indicates that this area is fast growing and the housing market is doing very well. With prices being so competitive compared to other areas, and appreciation rates being so high, this could be an ideal place to invest in a home.
The median home cost in Salemburg (zip 28385) is $113,800. Home appreciation the last 10 years has been 61.0%. Home Appreciation in Salemburg (zip 28385) is up 19.9%.
Average Age of Homes
- The median age of Salemburg (zip 28385) real estate is 30 years old
The Rental Market in Salemburg (zip 28385)
- Renters make up 20.2% of the Salemburg (zip 28385) population
- 0.8% of houses and apartments in Salemburg (zip 28385), 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.