Zip 28097 (Locust, NC) Housing


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The housing market in 28097 Locust, NC is booming. The median value of a home in this area is $357,200, which is significantly higher than the US median value of $338,100. Furthermore, the US one year house appreciation rate was 8.27%, while the appreciation rate in 28097 Locust over the past year was 19.65%. This means that people who have bought homes in this area have seen a large increase in their property value in just one year - a great opportunity for potential home buyers!

The median home cost in Locust (zip 28097) is $357,200. Home appreciation the last 10 years has been 127.7%. Home Appreciation in Locust (zip 28097) is up 25.4%.

Average Age of Homes
- The median age of Locust (zip 28097) real estate is 26 years old
The Rental Market in Locust (zip 28097)
- Renters make up 17.2% of the Locust (zip 28097) population
- 0.0% of houses and apartments in Locust (zip 28097), 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.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingLocust, North CarolinaUnited States
  3,003.0139,647,020.0
  2742
  $357,200$338,100
  25.4%16.6%
  82.1%57.0%
  127.7%101.1%
  $8.23$10.98
  $1,612$2,690
  78.2%57.4%
  6.7%11.2%
  15.1%31.4%
  Vacant Housing
  0.0%1.9%
  0.0%0.4%
  0.0%0.7%
  0.0%0.4%
  0.0%3.6%
  6.7%4.1%
  Value of Owner-Occupied Housing
  2.3%2.6%
  1.8%2.4%
  2.3%2.8%
  1.4%3.9%
  5.2%4.5%
  19.5%11.3%
  19.6%13.0%
  33.6%20.1%
  9.2%13.6%
  1.2%8.3%
  2.0%9.7%
  0.6%3.9%
  0.0%2.2%
  0.0%0.8%
  1.2%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  16.5%13.6%
  16.5%13.6%
  19.5%13.6%
  12.7%13.2%
  7.4%14.8%
  19.5%13.6%
  13.1%10.0%
  3.4%4.7%
  1.7%12.2%
Commute