In 28556 Merritt, North Carolina, the median housing value is $333,200. This is slightly lower than the US median housing value of $338,100. However, over the course of one year, Merritt has experienced a greater appreciation in house values with a 15.05% increase compared to the 8.27% increase in the nation as a whole. Therefore, despite being slightly lower than the national average, Merritt’s housing market appears to be growing rapidly and more robustly than elsewhere in America.
The median home cost in Merritt (zip 28556) is $333,200. Home appreciation the last 10 years has been 65.5%. Home Appreciation in Merritt (zip 28556) is up 19.7%.
Average Age of Homes
- The median age of Merritt (zip 28556) real estate is 30 years old
The Rental Market in Merritt (zip 28556)
- Renters make up 5.8% of the Merritt (zip 28556) population
- 0.0% of houses and apartments in Merritt (zip 28556), 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.