The housing market in Danbury, NC (27016) has seen considerable appreciation over the past year. The median value of homes in this area is $175,000, significantly lower than the national average of $338,100. Despite this difference, home values in Danbury have appreciated by an impressive 20.58% over the past year compared to the 8.27% national average. With such high levels of appreciation in a relatively affordable area of the country, it's no surprise that many people are considering investing in property here and taking advantage of these amazing returns on investment.
The median home cost in Danbury (zip 27016) is $175,000. Home appreciation the last 10 years has been 75.3%. Home Appreciation in Danbury (zip 27016) is up 19.6%.
Average Age of Homes
- The median age of Danbury (zip 27016) real estate is 42 years old
The Rental Market in Danbury (zip 27016)
- Renters make up 16.5% of the Danbury (zip 27016) population
- 0.0% of houses and apartments in Danbury (zip 27016), 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.