The housing market in Lucama, NC (27891) is incredibly strong compared to the national average. The median value of homes in Lucama is $156,300, significantly lower than the US House Median Value of $338,100. However, when it comes to appreciation rates over the past year, Lucama's 16.05% far outstrips the US 1 year House Appreciation rate of 8.27%. This suggests that investing in property in Lucama can be a wise financial decision with prices rising faster than the national average.
The median home cost in Lucama (zip 27851) is $156,300. Home appreciation the last 10 years has been 64.4%. Home Appreciation in Lucama (zip 27851) is up 19.4%.
Average Age of Homes
- The median age of Lucama (zip 27851) real estate is 34 years old
The Rental Market in Lucama (zip 27851)
- Renters make up 27.2% of the Lucama (zip 27851) population
- 0.4% of houses and apartments in Lucama (zip 27851), 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.