Housing in 28560 New Bern, NC has been on the rise in recent years. The median value of housing in the area is $226,000 which is much lower than the US median housing value of $338,100. However, it has had a much higher appreciation rate than the national average in the past year. In fact, house values have appreciated by 15.05% over the past year compared to 8.27% for the United States as a whole. This trend indicates that housing prices are likely to continue to increase in this region in the future.
The median home cost in New Bern (zip 28560) is $226,000. Home appreciation the last 10 years has been 65.5%. Home Appreciation in New Bern (zip 28560) is up 19.7%.
Average Age of Homes
- The median age of New Bern (zip 28560) real estate is 35 years old
The Rental Market in New Bern (zip 28560)
- Renters make up 28.0% of the New Bern (zip 28560) population
- 3.0% of houses and apartments in New Bern (zip 28560), 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.