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.