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Mitchell, NC Housing
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The housing market in Mitchell, NC is significantly cheaper than the US House median value of $338,100. With a median value of $111,600, the housing in Mitchell is very affordable. In addition, the housing appreciation rate for the past year was 19.50%, more than twice the US house appreciation rate of 8.27%. This makes it an attractive option for people looking to purchase a home that will increase in value over time.
Median Monthly Rent by Number of Bedrooms
Housing by Year Built
Housing
Mitchell, North Carolina
United States
Number of Homes
1,147.0
139,647,020.0
Median Home Age
39
42
Median Home Cost
$111,600
$338,100
Home Appr. Last 12 months
19.5%
16.6%
Home Appr. Last 5 yrs.
59.9%
57.0%
Home Appr. Last 10 yrs.
67.7%
101.1%
Property Tax Rate
$8.98
$10.98
Property Taxes Paid
$455
$2,690
Homes Owned
67.0%
57.4%
Housing Vacant
18.5%
11.2%
Homes Rented
14.6%
31.4%
Vacant Housing
Vacant For Rent
0.6%
1.9%
Vacant Rented
0.0%
0.4%
Vacant For Sale
0.8%
0.7%
Vacant Sold
2.1%
0.4%
Vacant Vacation
0.0%
3.6%
Vacant Other
15.0%
4.1%
Value of Owner-Occupied Housing
Less Than $20,000
4.6%
2.6%
$20,000 to $39,999
15.6%
2.4%
$40,000 to $59,999
21.7%
2.8%
$60,000 to $79,999
20.1%
3.9%
$80,000 to $99,999
16.5%
4.5%
$100,000 to $149,999
12.2%
11.3%
$150,000 to $199,999
1.2%
13.0%
$200,000 to $299,999
3.4%
20.1%
$300,000 to $399,999
4.7%
13.6%
$400,000 to $499,999
0.0%
8.3%
$500,000 to $749,999
0.0%
9.7%
$750,000 to $999,999
0.0%
3.9%
$1,000,000 to $1,499,999
0.0%
2.2%
$1,500,000 to $1,999,999
0.0%
0.8%
$2,000,000 and over
0.0%
1.1%
Housing Units by Year Structure Built
2014 and newer
0.0%
0.2%
2010 to 2013
13.9%
13.6%
2000 to 2009
13.9%
13.6%
1990 to 1999
19.5%
13.6%
1980 to 1989
11.9%
13.2%
1970 to 1979
11.5%
14.8%
1960 to 1969
19.5%
13.6%
1950 to 1959
3.8%
10.0%
1940 to 1949
7.7%
4.7%
1939 or Earlier
5.8%
12.2%
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