Zip 27972 (Salvo, NC) Housing

The housing market in 27972 Salvo, NC is quite impressive. The median value for housing there is $601,600 which far exceeds the US median value of $338,100. Additionally, the annual rate of appreciation for housing in Salvo is 13.68%, which is much higher than the US average of 8.27%. This is indicative of a strong and healthy housing market in Salvo that has been able to outpace most other markets across the country.

The median home cost in Salvo (zip 27972) is $601,600. Home appreciation the last 10 years has been 72.3%. Home Appreciation in Salvo (zip 27972) is up 19.6%.

Average Age of Homes

- The median age of Salvo (zip 27972) real estate is 28 years old

The Rental Market in Salvo (zip 27972)

- Renters make up 3.9% of the Salvo (zip 27972) population
- 39.6% of houses and apartments in Salvo (zip 27972), 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	Salvo, North Carolina	United States
	555.0	139,647,020.0
	33	42
	$601,600	$338,100
	19.6%	16.6%
	61.4%	57.0%
	72.3%	101.1%
	$5.45	$10.98
	$1,778	$2,690
	7.6%	57.4%
	86.3%	11.2%
	6.1%	31.4%
Vacant Housing
	39.6%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	42.5%	3.6%
	4.1%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.0%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	0.0%	11.3%
	0.0%	13.0%
	38.1%	20.1%
	45.2%	13.6%
	0.0%	8.3%
	16.7%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	9.4%	13.6%
	9.4%	13.6%
	28.6%	13.6%
	33.0%	13.2%
	15.7%	14.8%
	28.6%	13.6%
	4.5%	10.0%
	0.0%	4.7%
	4.1%	12.2%

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