The housing market in 28523 Cove City, NC is thriving. The median value of homes in the area is $167,200, which is significantly lower than the US median house value of $338,100. In the past year alone, the appreciation rate has soared to 15.05%, compared to the US average of 8.27%. This indicates that housing values in 28523 Cove City are appreciating faster than most other areas of the country, making it a desirable place to live and invest. With its affordable prices paired with a higher than average rate of appreciation, 28523 Cove City provides an excellent opportunity for potential buyers seeking a new home or investors looking for solid returns on their investments.
The median home cost in Cove City (zip 28523) is $167,200. Home appreciation the last 10 years has been 65.5%. Home Appreciation in Cove City (zip 28523) is up 19.7%.
Average Age of Homes
- The median age of Cove City (zip 28523) real estate is 38 years old
The Rental Market in Cove City (zip 28523)
- Renters make up 36.1% of the Cove City (zip 28523) population
- 0.0% of houses and apartments in Cove City (zip 28523), 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.