The housing market in 27332 Sanford, NC is currently thriving. The median value of housing in the area is $273,600 - significantly lower than the US House Median Value of $338,100. Furthermore, the US 1 year House Appreciation rate is 8.27%, while the appreciation rate for houses in 27332 Sanford, NC is a whopping 17.61%. This shows that housing in this area has been rising quickly over the past year and those looking to purchase property could potentially benefit from this trend.
The median home cost in Sanford (zip 27332) is $273,600. Home appreciation the last 10 years has been 85.4%. Home Appreciation in Sanford (zip 27332) is up 23.2%.
Average Age of Homes
- The median age of Sanford (zip 27332) real estate is 25 years old
The Rental Market in Sanford (zip 27332)
- Renters make up 22.4% of the Sanford (zip 27332) population
- 2.5% of houses and apartments in Sanford (zip 27332), 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.