Zip 27505 (Broadway, NC) Housing

27505 Broadway, NC is a great place to invest in housing. The median value of homes in the area is $230,900, which is significantly lower than the US median home value of $338,100. In addition, over the past year the housing appreciation rate has been 15.26%, compared to 8.27% nationally. This makes 27505 Broadway a great long-term investment and an excellent opportunity for those looking for a place to call home in North Carolina.

The median home cost in Broadway (zip 27505) is $230,900. Home appreciation the last 10 years has been 108.1%. Home Appreciation in Broadway (zip 27505) is up 25.0%.

Average Age of Homes

- The median age of Broadway (zip 27505) real estate is 27 years old

The Rental Market in Broadway (zip 27505)

- Renters make up 21.5% of the Broadway (zip 27505) population
- 0.5% of houses and apartments in Broadway (zip 27505), 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	Broadway, North Carolina	United States
	3,311.0	139,647,020.0
	29	42
	$230,900	$338,100
	25.0%	16.6%
	72.1%	57.0%
	108.1%	101.1%
	$7.90	$10.98
	$1,120	$2,690
	65.6%	57.4%
	12.0%	11.2%
	22.4%	31.4%
Vacant Housing
	0.5%	1.9%
	1.0%	0.4%
	1.8%	0.7%
	0.0%	0.4%
	0.2%	3.6%
	8.5%	4.1%
Value of Owner-Occupied Housing
	10.8%	2.6%
	0.2%	2.4%
	8.0%	2.8%
	1.0%	3.9%
	6.1%	4.5%
	29.1%	11.3%
	22.2%	13.0%
	18.5%	20.1%
	1.7%	13.6%
	2.1%	8.3%
	0.1%	9.7%
	0.2%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	20.0%	13.6%
	20.0%	13.6%
	22.9%	13.6%
	17.7%	13.2%
	11.1%	14.8%
	22.9%	13.6%
	3.9%	10.0%
	2.9%	4.7%
	3.4%	12.2%

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