The housing market in 28704 Arden, NC is booming. The median value of homes in the area is $417,100, which is higher than the US median value of $338,100. This difference demonstrates the resilience and strength of the local economy. Furthermore, over the past year, house appreciation has risen by 18.83%, much higher than the US average of 8.27%. These figures demonstrate that Arden's housing market is growing at an impressive rate and that now is a great time to invest in a property in this area.
The median home cost in Arden (zip 28704) is $417,100. Home appreciation the last 10 years has been 106.2%. Home Appreciation in Arden (zip 28704) is up 22.1%.
Average Age of Homes
- The median age of Arden (zip 28704) real estate is 25 years old
The Rental Market in Arden (zip 28704)
- Renters make up 34.7% of the Arden (zip 28704) population
- 8.7% of houses and apartments in Arden (zip 28704), 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.