The housing market in Midland, NC (zip code 28107) is booming. The median value of a home is $384,900, which is significantly higher than the US median value of $338,100. In addition to this, the 1 year house appreciation rate in the area is 18.96%, nearly double the national average of 8.27%. This data indicates that investing in Midland can be a smart decision for those looking to purchase or sell a home.
The median home cost in Midland (zip 28107) is $384,900. Home appreciation the last 10 years has been 120.1%. Home Appreciation in Midland (zip 28107) is up 25.0%.
Average Age of Homes
- The median age of Midland (zip 28107) real estate is 27 years old
The Rental Market in Midland (zip 28107)
- Renters make up 15.0% of the Midland (zip 28107) population
- 2.0% of houses and apartments in Midland (zip 28107), 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.