Canton, NC, located in zip code 28716, is an area with a strong housing market. According to recent statistics, the median value of housing in Canton is $254,400 - considerably lower than the US median of $338,100. However, whereas the US has seen a 1 year house appreciation rate of 8.27%, Canton has witnessed an impressive 18.83% rise in house values over the same period. This indicates that Canton is an area with a high potential for growth in home prices and makes it an attractive option for those looking to make a real estate investment.
The median home cost in Canton (zip 28716) is $254,400. Home appreciation the last 10 years has been 106.2%. Home Appreciation in Canton (zip 28716) is up 22.1%.
Average Age of Homes
- The median age of Canton (zip 28716) real estate is 42 years old
The Rental Market in Canton (zip 28716)
- Renters make up 20.5% of the Canton (zip 28716) population
- 0.0% of houses and apartments in Canton (zip 28716), 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.