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.
Popular Real Estate Questions
Popular Real Estate Glossary Terms
Land surveying measurement that is 16.5 feet in length, or 5 1/2 yards. A perch is also called a rod or a pole. Today the term perch is seldom used. It is found in old deeds, surveys, and ...
When we’re talking about debt service, we refer to the amount of cash required to cover the debt’s repayment of both the interest and the principal for a certain period of time. ...
Protection over and above that of an insurance policy or warranty. ...
Same as term financial institutions and markets: Institutions acting as intermediaries between suppliers and users of money. The financial markets are where those wanting funds are matched ...
The clause in a deed beginning with the words " to have and to hold" limiting or defining the ownership nature of the estate in the property granted by the deed. Declares the type of ...
Early American style 1 story house with a steep gable roof covered with shingles. The bedrooms are on the first floor, but the attic is often finished and made into additional bedrooms. ...
The operating expenses definition is the sum of costs or expenses a company deals to operate as a business. The term operating expenses is used in any business field and is commonly ...
Counter action by a defendant against a plaintiff. It is an independent action and just a denial of plaintiff's action. ...
In the mining and petroleum industries, it is a portion of the profit secured from the extracted minerals or oil reserves from the property paid to the property owner. For example, a ...
Have a question or comment?
We're here to help.