The housing market in Elkin, North Carolina has been booming lately. With the median value of homes in Elkin at $181,900 and the US median home value at $338,100, this city is a great place to invest. Furthermore, the appreciation for homes in the past year was 18.74%, compared to 8.27% nationally. This means that homes in Elkin have increased significantly in value over the past 12 months, making it a great investment opportunity for buyers who are looking to capitalize on this growth.
The median home cost in Elkin (zip 28621) is $181,900. Home appreciation the last 10 years has been 92.8%. Home Appreciation in Elkin (zip 28621) is up 24.0%.
Average Age of Homes
- The median age of Elkin (zip 28621) real estate is 40 years old
The Rental Market in Elkin (zip 28621)
- Renters make up 27.9% of the Elkin (zip 28621) population
- 5.1% of houses and apartments in Elkin (zip 28621), 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.