The housing market in 28023 China Grove, NC is booming compared to the median US housing values. According to the data, the median value of housing in China Grove is $237,600, which is substantially lower than the US median value of $338,100. Despite this difference between the two areas, the one year appreciation rate for housing in China Grove was 19.65%, compared to 8.27% for the overall US housing market. This demonstrates that despite an already low median value relative to the rest of the country, there has still been a large surge in property values over the past year in China Grove.
The median home cost in China Grove (zip 28023) is $237,600. Home appreciation the last 10 years has been 127.7%. Home Appreciation in China Grove (zip 28023) is up 25.4%.
Average Age of Homes
- The median age of China Grove (zip 28023) real estate is 39 years old
The Rental Market in China Grove (zip 28023)
- Renters make up 20.3% of the China Grove (zip 28023) population
- 1.1% of houses and apartments in China Grove (zip 28023), 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.