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North Cove, NC Housing
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The housing market in North Cove, NC is booming. The median value of houses is currently $293,600, which is significantly lower than the US median house value of $338,100. Furthermore, over the last year North Cove's house appreciation rate has been much higher than the national average at 22.10%, compared to 8.27% nationwide. This makes North Cove an attractive place to invest for those looking for potential property gains in a relatively short time frame.
Median Monthly Rent by Number of Bedrooms
Housing by Year Built
Housing
North Cove, North Carolina
United States
Number of Homes
1,643.0
139,647,020.0
Median Home Age
45
42
Median Home Cost
$293,600
$338,100
Home Appr. Last 12 months
22.1%
16.6%
Home Appr. Last 5 yrs.
71.4%
57.0%
Home Appr. Last 10 yrs.
106.2%
101.1%
Property Tax Rate
$5.68
$10.98
Property Taxes Paid
$790
$2,690
Homes Owned
50.3%
57.4%
Housing Vacant
30.9%
11.2%
Homes Rented
18.8%
31.4%
Vacant Housing
Vacant For Rent
0.0%
1.9%
Vacant Rented
0.0%
0.4%
Vacant For Sale
0.0%
0.7%
Vacant Sold
0.0%
0.4%
Vacant Vacation
26.6%
3.6%
Vacant Other
4.3%
4.1%
Value of Owner-Occupied Housing
Less Than $20,000
5.4%
2.6%
$20,000 to $39,999
9.8%
2.4%
$40,000 to $59,999
8.2%
2.8%
$60,000 to $79,999
5.0%
3.9%
$80,000 to $99,999
1.6%
4.5%
$100,000 to $149,999
11.9%
11.3%
$150,000 to $199,999
11.0%
13.0%
$200,000 to $299,999
29.1%
20.1%
$300,000 to $399,999
0.0%
13.6%
$400,000 to $499,999
5.9%
8.3%
$500,000 to $749,999
1.9%
9.7%
$750,000 to $999,999
1.5%
3.9%
$1,000,000 to $1,499,999
0.0%
2.2%
$1,500,000 to $1,999,999
8.7%
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
12.7%
13.6%
2000 to 2009
12.7%
13.6%
1990 to 1999
19.5%
13.6%
1980 to 1989
6.0%
13.2%
1970 to 1979
20.9%
14.8%
1960 to 1969
19.5%
13.6%
1950 to 1959
22.0%
10.0%
1940 to 1949
0.0%
4.7%
1939 or Earlier
7.2%
12.2%
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