The housing market in Mayodan, NC (ZIP code 27027) is booming. The median value of a house in Mayodan is $117,500, which is significantly lower than the median US house value of $338,100. However, the one year house appreciation rate for Mayodan is 20.58%, which is more than double the US one year house appreciation rate of 8.27%. This indicates that the housing market in Mayodan has seen a significant increase in value over the past 12 months and is likely to continue growing in the near future.
The median home cost in Mayodan (zip 27027) is $117,500. Home appreciation the last 10 years has been 75.3%. Home Appreciation in Mayodan (zip 27027) is up 19.6%.
Average Age of Homes
- The median age of Mayodan (zip 27027) real estate is 48 years old
The Rental Market in Mayodan (zip 27027)
- Renters make up 34.9% of the Mayodan (zip 27027) population
- 0.8% of houses and apartments in Mayodan (zip 27027), 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.