The housing market in 28339 Erwin, NC is thriving. The median value of housing in the area is $175,200 which is much lower than the US median of $338,100. This makes it an attractive option for potential homebuyers. What's even more impressive is that the house appreciation in 28339 Erwin, NC is 16.91%, which is nearly double the US 1 year house appreciation of 8.27%. This shows that the housing market in 28339 Erwin, NC is both reasonably priced and has good potential for increasing equity over time.
The median home cost in Erwin (zip 28339) is $175,200. Home appreciation the last 10 years has been 61.0%. Home Appreciation in Erwin (zip 28339) is up 19.9%.
Average Age of Homes
- The median age of Erwin (zip 28339) real estate is 47 years old
The Rental Market in Erwin (zip 28339)
- Renters make up 25.2% of the Erwin (zip 28339) population
- 2.9% of houses and apartments in Erwin (zip 28339), 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.