Flat Rock (Hendersonville), NC

Population: 13,650
Average annual home appreciation rate: 16.87%
Total of homes for sale in this market: 560
Median home price: $180,151
Median Rent: $867 per room
Home price range: 46.11% of homes are between $110,001 – $219,000
Median sales price: Still gathering data
Number of homes: 73
Median foreclosure sales price: Still gathering data
Foreclosure discount: Still gathering data
Most common home type: 43.65% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 19.87%
Number of renters: 52.81%
Number of owner occupied: 47.19%
Number people living below poverty level: 25.99%
Unemployment rate: 4.60%
Is this area perfect for real estate deals going on right now? With the history of positive appreciation in the Hendersonville 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.

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