The housing market in 28520 Cedar Island, NC is a great investment opportunity. The median value of housing in the area is currently $233,500, which is significantly lower than the US House Median Value of $338,100. Recent data show that house values have appreciated by 8.27% on average throughout the US over the past year. However, this appreciation rate is even higher in Cedar Island with an impressive 15.05% increase over the same period of time. These promising figures suggest that investing in the housing market of Cedar Island could be a wise and lucrative decision.
The median home cost in Cedar Island (zip 28520) is $233,500. Home appreciation the last 10 years has been 65.5%. Home Appreciation in Cedar Island (zip 28520) is up 19.7%.
Average Age of Homes
- The median age of Cedar Island (zip 28520) real estate is 41 years old
The Rental Market in Cedar Island (zip 28520)
- Renters make up 7.2% of the Cedar Island (zip 28520) population
- 0.0% of houses and apartments in Cedar Island (zip 28520), 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.