What Is The Average Home Price In High Point NC?

Definition of "What is the average home price in High Point NC?"

Located in the Heart of North Carolina, High Point NC has a population of about 110,000 residents, and it is known for its amenities, communities, and architecture. The city of High Point NC was the highest point along the North Carolina Railroad constructed in the ’80s, and that is how it received its name. While many might argue that High Point provides all the means for comfortable living, many are curious to find out how expensive is the housing market in High Point NC? What is the average home price in High Point North Carolina? Let’s find out!.

While High Point NC might be high in altitude, it certainly is not high in home prices. According to Zillow, the median home value in High Point NC is close to $160,000, which makes it almost twice as cheap compared to the national average. As of March 2020, the median home price in the US was close to $320,000, and the median home price in North Carolina was close to $220,000.

If you are undecided between buying or renting in High Point NC, you should know that the average rent price is just as low at only $880 per month. Living in High Point NC is unquestionably more affordable compared to many other cities in North Carolina. About 60% of apartments rent between $700 to $1,000 per month but only 33% of the housing in High Point is occupied by tenants.

If it comes down to home prices, you should know that about 40% of apartments in High Point NC sell for prices between $110,000 and $230,000. There are a fair amount of homes for sale - about 30% of listed homes - at a price situated between $60,000 and $120,000. Buying a home in the area is accessible because of the affordable prices, and with the help of real estate agents in High Point NC you can land a good deal on a home situated in the best part of town. Grab your nearest agent and find out what North Carolina’s International City has to offer.

image of a real estate dictionary page

Have a question or comment?

We're here to help.

*** Your email address will remain confidential.
 

 

Popular Real Estate Questions

Popular Real Estate Glossary Terms

Not attached to any parcel of land but merely a personal right to use the land of another. ...

Same as term nonconforming use: Property use which is in violation of the current zoning ordinance, but had been in use prior to the zoning ordinance's enactment. A nonconforming use is ...

Contractual agreement between a commercial or industrial rental property owner and an individual or firm who agrees to maintain the property. Management agreements specify the nature of ...

Claim by a real estate broker that his or her actions were the principal cause of the completion of a property sale between two parties. A successful procuring cause claim would entitle a ...

Body o law relating directly to condominiums and cooperative developments. Most property law provides vertical ownership of property in the sense that property owners own mineral rights as ...

Square footage of space a parcel of land has. ...

Primary business district of a city or urbanized area having the areas major governmental offices, professional, and retail businesses represented. ...

The age at which one is legally capable of entering into binding contracts, signing a deed and negotiating business agreements. In most states this is the age of majority. Normally this is ...

Right to enter and start construction or furnishing property that is in the process of being purchased. ...