Zip 27583 (Timberlake, NC) Housing

The housing median value in 27583 Timberlake, NC is $264,900, which is significantly lower than the US house median value of $338,100. However, the one-year house appreciation in 27583 Timberlake is 15.26%, which is higher than the US one-year house appreciation rate of 8.27%. This suggests that housing in 27583 Timberlake has been appreciating faster than the national average and is a great investment for those looking to buy a home in this area.

The median home cost in Timberlake (zip 27583) is $264,900. Home appreciation the last 10 years has been 108.1%. Home Appreciation in Timberlake (zip 27583) is up 25.0%.

Average Age of Homes

- The median age of Timberlake (zip 27583) real estate is 23 years old

The Rental Market in Timberlake (zip 27583)

- Renters make up 17.3% of the Timberlake (zip 27583) population
- 0.0% of houses and apartments in Timberlake (zip 27583), 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	Timberlake, North Carolina	United States
	3,050.0	139,647,020.0
	27	42
	$264,900	$338,100
	25.0%	16.6%
	72.1%	57.0%
	108.1%	101.1%
	$7.02	$10.98
	$1,303	$2,690
	80.7%	57.4%
	9.3%	11.2%
	10.1%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	9.3%	4.1%
Value of Owner-Occupied Housing
	1.6%	2.6%
	7.4%	2.4%
	2.6%	2.8%
	6.6%	3.9%
	6.2%	4.5%
	14.5%	11.3%
	15.7%	13.0%
	23.3%	20.1%
	17.2%	13.6%
	2.1%	8.3%
	1.7%	9.7%
	1.3%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	29.1%	13.6%
	29.1%	13.6%
	29.6%	13.6%
	14.4%	13.2%
	9.6%	14.8%
	29.6%	13.6%
	5.0%	10.0%
	2.7%	4.7%
	3.3%	12.2%

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