The housing market in Weldon, NC (27890) is booming. The median value of a house in the area is $76,300, which is significantly lower than the national house median value of $338,100. However, the one-year appreciation rate for houses in Weldon is higher than the national average at 16.05%, compared to 8.27%. This increased rate of appreciation indicates that now may be an ideal time to buy property in Weldon as the growing demand for housing will likely continue to increase its value in the years to come.
The median home cost in Weldon (zip 27890) is $76,300. Home appreciation the last 10 years has been 64.4%. Home Appreciation in Weldon (zip 27890) is up 19.4%.
Average Age of Homes
- The median age of Weldon (zip 27890) real estate is 58 years old
The Rental Market in Weldon (zip 27890)
- Renters make up 37.5% of the Weldon (zip 27890) population
- 2.0% of houses and apartments in Weldon (zip 27890), 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.