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

Funds of property bestowed upon a person or an institution. The income is used to serve a specific purpose for which the endowment was intended. ...

Holding and controlling property. It includes not only custody but also having some legal right. An example is occupying real property and enjoying its benefits. ...

Transfer of real estate from one taxpayer to another that are exempt from federal income taxes. An example is an exchange of property in which ownership of transferred real estate is still ...

Interest is due on a loan only if a particular circumstance occurs. ...

Uniform charge for transportation and delivery of household items to a homeowner within a particular locality. ...

Costs incurred in connection with real property that increase its cost basis or worth, such as a new roof, an additional room, or paneling a room. ...

A right or interest in property held by a third party, which often limits the use and diminishes the value of the property, but usually does not prevent the transferring of title. The more ...

A judicially approved plan in which a persons obligations are paid over three years. It is an arrangement for the repayment of debts which permits a credit user in severe financial straits ...

A two-story house characterized by a balcony spanning the width of the second story. Monterey architecture was adopted from the early California Spanish period. ...