Housing in 28147 Salisbury, NC is a great investment opportunity. The median house value in the area is $244,500, which is substantially lower than the US median house value of $338,100. In addition to the low cost of housing in the area, there has also been an impressive 1 year appreciation rate of 18.96%, compared to just 8.27% on average for the US as a whole. This makes Salisbury a desirable destination for those looking to invest in real estate or purchase a home at a reasonable price.
The median home cost in Salisbury (zip 28147) is $244,500. Home appreciation the last 10 years has been 120.1%. Home Appreciation in Salisbury (zip 28147) is up 25.0%.
Average Age of Homes
- The median age of Salisbury (zip 28147) real estate is 25 years old
The Rental Market in Salisbury (zip 28147)
- Renters make up 31.5% of the Salisbury (zip 28147) population
- 1.3% of houses and apartments in Salisbury (zip 28147), 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.