The housing market in 27047 Siloam, NC is thriving. The median value of homes in the area is $215,800 which is significantly lower than the national median of $338,100. This makes it an attractive option for prospective home buyers looking to get a great deal on their purchase. In the last year, house appreciation has been particularly strong with a 20.58% increase in value. This rate of return far outpaces the 8.27% national average, making Siloam an excellent choice for those wanting to invest in real estate.
The median home cost in Siloam (zip 27047) is $215,800. Home appreciation the last 10 years has been 75.3%. Home Appreciation in Siloam (zip 27047) is up 19.6%.
Average Age of Homes
- The median age of Siloam (zip 27047) real estate is 37 years old
The Rental Market in Siloam (zip 27047)
- Renters make up 18.5% of the Siloam (zip 27047) population
- 0.0% of houses and apartments in Siloam (zip 27047), 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.