Arapahoe, NC has a median housing value of $281,500. This is much lower than the US median housing value of $338,100. Despite this difference in prices, Arapahoe has seen significant appreciation in housing values over the past year- 15.05%, compared to 8.27% for the nationwide average. This indicates that there are a number of people interested in purchasing property in Arapahoe and investing there. The market appears to be strong and growing steadily, making it an attractive place to invest in real estate.
The median home cost in Arapahoe (zip 28510) is $281,500. Home appreciation the last 10 years has been 65.5%. Home Appreciation in Arapahoe (zip 28510) is up 19.7%.
Average Age of Homes
- The median age of Arapahoe (zip 28510) real estate is 38 years old
The Rental Market in Arapahoe (zip 28510)
- Renters make up 9.0% of the Arapahoe (zip 28510) population
- 0.5% of houses and apartments in Arapahoe (zip 28510), 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.