Housing in 27881 Speed, NC is a great investment. The median value of houses in the area is $54,800 which is significantly lower than the median value of houses across the United States ($338,100). In addition, over the past year, house appreciation in 27881 Speed has been 16.05%, which is more than double the national appreciation rate of 8.27%. For those looking for an investment opportunity in real estate while getting a good return on their investment without breaking the bank, 27881 Speed is definitely worth considering.
The median home cost in Speed (zip 27881) is $54,800. Home appreciation the last 10 years has been 64.4%. Home Appreciation in Speed (zip 27881) is up 19.4%.
Average Age of Homes
- The median age of Speed (zip 27881) real estate is 49 years old
The Rental Market in Speed (zip 27881)
- Renters make up 16.1% of the Speed (zip 27881) population
- 0.0% of houses and apartments in Speed (zip 27881), 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.