The housing market in 28609 Catawba, NC is currently quite strong. The median value of homes in the area is $258,600, which is much lower than the US House Median Value of $338,100. However, the house appreciation rate over the last year was 18.74%, much higher than the US 1 year House Appreciation rate of 8.27%. This suggests that many people are looking to move to the area and invest in housing there due to its relatively low cost and high potential for growth. The area is a great opportunity for those looking to purchase a new home at an affordable price with great potential for appreciation.
The median home cost in Catawba (zip 28609) is $258,600. Home appreciation the last 10 years has been 92.8%. Home Appreciation in Catawba (zip 28609) is up 24.0%.
Average Age of Homes
- The median age of Catawba (zip 28609) real estate is 27 years old
The Rental Market in Catawba (zip 28609)
- Renters make up 16.2% of the Catawba (zip 28609) population
- 0.6% of houses and apartments in Catawba (zip 28609), 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.