The housing market in 27201 Alamance, NC is booming, with the median value of houses in this area being $160,000. This is significantly lower than the US house median value of $338,100. However, what makes it particularly impressive is the fact that in the past year there has been an appreciation of 16.52%, which far exceeds the US 1 year house appreciation of 8.27%. This shows that people are investing heavily into real estate in 27201 Alamance, NC and it looks to be a great place to buy a house for those looking to build their own wealth.
The median home cost in Alamance (zip 27201) is $160,000. Home appreciation the last 10 years has been 87.6%. Home Appreciation in Alamance (zip 27201) is up 23.2%.
Average Age of Homes
- The median age of Alamance (zip 27201) real estate is 78 years old
The Rental Market in Alamance (zip 27201)
- Renters make up 75.0% of the Alamance (zip 27201) population
- 0.0% of houses and apartments in Alamance (zip 27201), 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.