Zip 27822 (Elm City, NC) Housing

Housing in 27822 Elm City, NC is comparatively more valuable than the national average. According to the data analyzed, the median value of a house in 27822 Elm City, NC is $185,700, while the US median value is $338,100. In addition to this, the appreciation of housing in the area over a one-year period has been 16.05%, which is much higher than the US 1 year House Appreciation of 8.27%. This suggests that 27822 Elm City, NC has a strong and healthy housing market with good prospects for future growth.

The median home cost in Elm City (zip 27822) is $185,700. Home appreciation the last 10 years has been 64.4%. Home Appreciation in Elm City (zip 27822) is up 19.4%.

Average Age of Homes

- The median age of Elm City (zip 27822) real estate is 35 years old

The Rental Market in Elm City (zip 27822)

- Renters make up 23.1% of the Elm City (zip 27822) population
- 2.6% of houses and apartments in Elm City (zip 27822), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Elm City, North Carolina	United States
	3,479.0	139,647,020.0
	37	42
	$185,700	$338,100
	19.4%	16.6%
	58.8%	57.0%
	64.4%	101.1%
	$8.53	$10.98
	$1,011	$2,690
	76.5%	57.4%
	6.3%	11.2%
	17.2%	31.4%
Vacant Housing
	2.6%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.2%	3.6%
	3.5%	4.1%
Value of Owner-Occupied Housing
	6.6%	2.6%
	4.7%	2.4%
	5.8%	2.8%
	11.3%	3.9%
	11.9%	4.5%
	17.8%	11.3%
	23.9%	13.0%
	7.6%	20.1%
	6.6%	13.6%
	2.0%	8.3%
	1.3%	9.7%
	0.0%	3.9%
	0.5%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	22.4%	13.6%
	22.4%	13.6%
	17.1%	13.6%
	14.9%	13.2%
	16.4%	14.8%
	17.1%	13.6%
	8.3%	10.0%
	3.6%	4.7%
	8.1%	12.2%

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