The housing market in 28105 Matthews, NC is very strong. According to current data, the median value of housing in the area is $413,000 which is significantly higher than the US House Median Value of $338,100. Additionally, the 1 year house appreciation rate in 28105 Matthews is 18.96%, which is much higher than the US 1 year House Appreciation rate of 8.27%. This shows that housing prices in 28105 Matthews are expected to continue increasing at a rapid pace relative to the rest of the country.
The median home cost in Matthews (zip 28105) is $413,000. Home appreciation the last 10 years has been 120.1%. Home Appreciation in Matthews (zip 28105) is up 25.0%.
Average Age of Homes
- The median age of Matthews (zip 28105) real estate is 25 years old
The Rental Market in Matthews (zip 28105)
- Renters make up 27.4% of the Matthews (zip 28105) population
- 2.5% of houses and apartments in Matthews (zip 28105), 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.