The housing in 28119 Morven, NC is significantly more affordable than the US house median value of $338,100. With a housing median value of $89,600, it is far more manageable for local residents. The 1 year appreciation rate of 18.96% shows that average housing values are on the rise which reflects a healthy real estate market in the area. With such an appealing atmosphere and lower cost of living, Morven makes for an ideal place to purchase or rent a home.
The median home cost in Morven (zip 28119) is $89,600. Home appreciation the last 10 years has been 120.1%. Home Appreciation in Morven (zip 28119) is up 25.0%.
Average Age of Homes
- The median age of Morven (zip 28119) real estate is 31 years old
The Rental Market in Morven (zip 28119)
- Renters make up 21.6% of the Morven (zip 28119) population
- 0.0% of houses and apartments in Morven (zip 28119), 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.