The housing median value in 27542 Kenly, NC is $217,300, which is significantly lower than the US house median value of $338,100. However, the 1 year house appreciation rate in 27542 Kenly is quite high at 15.26%, which is higher than the US average of 8.27% over the same period. This suggests that this area may be a good place to invest in property as returns could potentially be higher than other areas of the country.
The median home cost in Kenly (zip 27542) is $217,300. Home appreciation the last 10 years has been 108.1%. Home Appreciation in Kenly (zip 27542) is up 25.0%.
Average Age of Homes
- The median age of Kenly (zip 27542) real estate is 31 years old
The Rental Market in Kenly (zip 27542)
- Renters make up 29.3% of the Kenly (zip 27542) population
- 1.2% of houses and apartments in Kenly (zip 27542), 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.