The housing market in Shallotte, NC (28470) is thriving, with the median value sitting at $292,800. This is significantly lower than the US House Median Value of $338,100 but the rate of appreciation is much higher; 18.56% compared to 8.27%. This means that if you buy a house here now, not only will you get more bang for your buck, but you're likely to see a good return on investment in just one year's time. With such great potential growth and low median values, Shallotte is an excellent option for buyers looking to invest in a home.
The median home cost in Shallotte (zip 28470) is $292,800. Home appreciation the last 10 years has been 114.4%. Home Appreciation in Shallotte (zip 28470) is up 24.7%.
Average Age of Homes
- The median age of Shallotte (zip 28470) real estate is 23 years old
The Rental Market in Shallotte (zip 28470)
- Renters make up 23.9% of the Shallotte (zip 28470) population
- 1.3% of houses and apartments in Shallotte (zip 28470), 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.