The housing market in Connelly Springs, NC is robust and growing. The median home value currently sits at $182,500, which is significantly lower than the US median of $338,100. However, this does not reflect the current appreciation rate in Connelly Springs, which stands at 18.74%. This far surpasses the national average of 8.27%, making it an attractive option for prospective home buyers looking for a good investment opportunity.
The median home cost in Connelly Springs is $182,500. Home appreciation the last 10 years has been 92.8%. Home Appreciation in Connelly Springs is up 24.0%.
Average Age of Homes
- The median age of Connelly Springs real estate is 41 years old
The Rental Market in Connelly Springs
- Renters make up 26.1% of the Connelly Springs population
- 1.6% of houses and apartments in Connelly Springs, 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.