The housing market in 27376 Seven Lakes, NC is booming. The median value for a house in this area is $389,100, which is almost $50,000 higher than the US house median value of $338,100. Over the last year, the appreciation rate for houses in this area has been 17.61%, which is more than double the US average of 8.27%. This indicates that property values are rapidly increasing and this could be a great time to buy or sell a home in Seven Lakes.
The median home cost in Seven Lakes (zip 27376) is $389,100. Home appreciation the last 10 years has been 85.4%. Home Appreciation in Seven Lakes (zip 27376) is up 23.2%.
Average Age of Homes
- The median age of Seven Lakes (zip 27376) real estate is 25 years old
The Rental Market in Seven Lakes (zip 27376)
- Renters make up 11.4% of the Seven Lakes (zip 27376) population
- 1.1% of houses and apartments in Seven Lakes (zip 27376), 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.