Friday, November 10, 2006

Housing Report for Nash County, North Carolina

In Nash County, there were a total of 40,030 homes in the year 2005. This county has gone through a growth in housing units, adding in all 2,076 residential units since 2001, or 5.5 percent.

When compared to other counties in North Carolina, Nash County ranks 47 of 100 by percentage growth in residential real estate. The county is positioned 756 of 3,141, in terms of residential real estate percentage change change in the United States.

The residential housing values in Nash County, North Carolina have moderate increases since their reported values in 2000. The values have increased by $15,600, or 16.3 percent, since 2000 when they were valued at $95,800.

Nash County had a median home value in the year 2005 of $111,400, accounted by the American Community Survey. This is less than the overall State of North Carolina 2005 home median value of $127,600 and less than home value of $167,500 across the United States during the same year.

Nash County can be understood as having a medium proportion of residential real estate that is high priced. In 2005, the American Community Survey reports that 1.1 percent owner-occupied dwelling are valued over a half a million dollars.

According to the data, there is a large amount affordable residential real estate in Nash County, North Carolina. In 2005, 59.1 percent of the homes were valued under $125,000.

Data Source: U.S. Census Bureau

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