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
Amount awarded by a government when a person's property is condemned and he must move. ...
Aerial navigation that may interfere with a property owner, such as creating undue noise. The value of land near an airport may decline in value for this reason. Further airport congestion ...
Largest form of owner ship giving the owner complete control including the development off an inheritable estate. ...
Under law, a warranty in effect even if not expressly stated. It provides that real property sold is warranted to be appropriate for sale and is in proper condition even if not stated, ...
Combination of two or more real estate brokerages into one, with only one company retaining its identity. Typically, the larger of the two companies is the company whose identity is ...
A notice, usually in writing, in which notice of termination is given by one individual or business to another. It is pursuant to a cancellation provision in a contract to forestall ...
The American Planning Association, also known as APA, is a nonprofit professional organization representing the US’s urban planning field. The APA provides extensive educational ...
Written statement of the lender that the buyer of real estate has paid-off the entire mortgage. ...
Sponsor of a syndicate involving people or companies buying an interest in a real estate investment or unit. The group of investors are in effect engaged in a joint venture for profit." ...
Have a question or comment?
We're here to help.