Elizabeth City, NC

Population: 18,220
Average annual home appreciation rate: 3.93%
Total of homes for sale in this market: 366
Median home price: $142,631
Median Rent: $844 per room
Home price range: 42.85% of homes are between $95,001 – $191,000
Median sales price: NO DATA
Number of homes: 135
Median foreclosure sales price: NO DATA
Foreclosure discount: NO DATA
Most common home type: 60.28% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 19.77%
Number of renters: 58.71%
Number of owner occupied: 41.29%
Number people living below poverty level: 28.97%
Unemployment rate: 7.90%
Is this area perfect for real estate deals going on right now? With the history of positive appreciation in the Elizabeth City area, a rental property (based on the much higher than average rental rates) could be a profitable investment for the savvy buy and hold investor.

Leave a Reply

Your email address will not be published. Required fields are marked *