The housing market in 28001 Albemarle, NC is robust and growing. The median value of housing in this area is $188,800, which is significantly lower than the US median value of $338,100. This makes it an attractive option for potential buyers who are looking for a more affordable home. Additionally, the one-year house appreciation rate in 28001 Albemarle, NC is 19.65%, which is higher than the overall US rate of 8.27%. This suggests a strong market that will continue to appreciate over time.
The median home cost in Albemarle (zip 28001) is $188,800. Home appreciation the last 10 years has been 127.7%. Home Appreciation in Albemarle (zip 28001) is up 25.4%.
Average Age of Homes
- The median age of Albemarle (zip 28001) real estate is 46 years old
The Rental Market in Albemarle (zip 28001)
- Renters make up 28.6% of the Albemarle (zip 28001) population
- 0.4% of houses and apartments in Albemarle (zip 28001), 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.