The housing market in 27919 Belvidere, NC is thriving. According to the given context, the median value for houses there is $199,400 which is much lower than the US median of $338,100. However, the one-year house appreciation rate in Belvidere is 13.68%, significantly higher than the US rate of 8.27%. This indicates that the housing market in this area is performing well and growing at a rapid pace. Therefore, potential home buyers should consider considering purchasing property in this area as it could be a great long-term investment.
The median home cost in Belvidere (zip 27919) is $199,400. Home appreciation the last 10 years has been 72.3%. Home Appreciation in Belvidere (zip 27919) is up 19.6%.
Average Age of Homes
- The median age of Belvidere (zip 27919) real estate is 26 years old
The Rental Market in Belvidere (zip 27919)
- Renters make up 16.4% of the Belvidere (zip 27919) population
- 0.0% of houses and apartments in Belvidere (zip 27919), 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.