North Carolina Housing Market: 20% Below National Average
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North Carolina Housing Market: 20% Below National Average
"The North Carolina housing market delivers significant value for homebuyers. Current data shows 62,710 active listings with an average home price of $519,908. This represents a 19.7% discount compared to the national average of $647,307. The Tar Heel State provides abundant options for first-time buyers, with more than one-third of all listings priced below $300,000. First-time buyers find exceptional opportunities in the North Carolina housing market."
"Over one-third of homes are priced below $300,000. Specifically, 21.78% of homes list under $200,000, while an additional 15.24% are priced between $200,000-$300,000. These price points create accessible entry opportunities for buyers across various income levels. The mid-range market remains robust throughout North Carolina. Properties priced between $300,000-$400,000 comprise 19.95% of the market. Homes between $400,000-$500,000 represent another 12.86% of listings. For luxury buyers, 8.54% of properties exceed $1 million. The North Carolina property market's strength comes from this balanced distribution across price segments."
North Carolina has 62,710 active listings with an average home price of $519,908, a 19.7% discount compared to the national average of $647,307. Over one-third of listings are priced below $300,000: 21.78% under $200,000 and 15.24% between $200,000 and $300,000. Mid-range segments include 19.95% of properties at $300,000-$400,000 and 12.86% at $400,000-$500,000, while 8.54% exceed $1 million. Single-family homes dominate with 36,750 listings averaging $629,358. The market also contains 15,461 land lots ($307,269), 7,620 multi-family properties ($416,631), and 928 mobile homes ($260,905). Pre-built single-family homes number 716 and average $740,450. Charlotte has 3,452 listings averaging $646,791. Raleigh follows with 1,950 properties at a higher average price of $763,5
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