Zip 28031 (Cornelius, NC) Housing

The housing in Cornelius, NC (28031) is a great investment for potential homebuyers. The median value of homes in the area is $481,000, which is significantly higher than the US House Median Value of $338,100. Additionally, the 1 year house appreciation rate in Cornelius is 19.65%, much higher than the US 1 year House Appreciation rate of 8.27%. Therefore, it would be a wise choice to invest in a house in Cornelius due to its high median value and increasing appreciation rate.

The median home cost in Cornelius (zip 28031) is $481,000. Home appreciation the last 10 years has been 127.7%. Home Appreciation in Cornelius (zip 28031) is up 25.4%.

Average Age of Homes

- The median age of Cornelius (zip 28031) real estate is 18 years old

The Rental Market in Cornelius (zip 28031)

- Renters make up 28.5% of the Cornelius (zip 28031) population
- 1.7% of houses and apartments in Cornelius (zip 28031), 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	Cornelius, North Carolina	United States
	13,323.0	139,647,020.0
	21	42
	$481,000	$338,100
	25.4%	16.6%
	82.1%	57.0%
	127.7%	101.1%
	$8.22	$10.98
	$3,005	$2,690
	67.0%	57.4%
	6.3%	11.2%
	26.7%	31.4%
Vacant Housing
	1.7%	1.9%
	0.6%	0.4%
	0.1%	0.7%
	1.5%	0.4%
	1.9%	3.6%
	0.5%	4.1%
Value of Owner-Occupied Housing
	0.4%	2.6%
	0.8%	2.4%
	0.1%	2.8%
	0.4%	3.9%
	0.6%	4.5%
	2.0%	11.3%
	9.0%	13.0%
	22.6%	20.1%
	21.4%	13.6%
	11.3%	8.3%
	10.6%	9.7%
	7.4%	3.9%
	4.8%	2.2%
	3.2%	0.8%
	5.3%	1.1%
Housing Units by Year Structure Built
	0.3%	0.2%
	32.5%	13.6%
	32.5%	13.6%
	28.7%	13.6%
	11.8%	13.2%
	4.0%	14.8%
	28.7%	13.6%
	1.0%	10.0%
	0.8%	4.7%
	1.2%	12.2%

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