The housing market in 27243 Efland, NC is thriving. According to the data provided, the median value of a house in this area is $329,400 - lower than the US House Median Value of $338,100. However, what makes this area particularly attractive for investors and buyers alike is its 1 year appreciation rate of 16.52%, which significantly outpaces the nationwide average of 8.27%. This indicates that property values are steadily increasing in the 27243 Efland area. Therefore, it is an ideal place to consider when looking for real estate investments or for a new home.
The median home cost in Efland (zip 27243) is $329,400. Home appreciation the last 10 years has been 87.6%. Home Appreciation in Efland (zip 27243) is up 23.2%.
Average Age of Homes
- The median age of Efland (zip 27243) real estate is 24 years old
The Rental Market in Efland (zip 27243)
- Renters make up 6.4% of the Efland (zip 27243) population
- 0.0% of houses and apartments in Efland (zip 27243), 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.