Greenville, NC

Population: 89,130
Average annual home appreciation rate: 4.99%
Total of homes for sale in this market: 560
Median home price: $143,348
Median Rent: $848 per room
Home price range: 40.24% of homes are between $96,001 – $192,000
Median sales price: $54,000
Number of homes: 170
Median foreclosure sales price: $58,000
Foreclosure discount: N/A
Most common home type: 43.35% of homes are COMPLEXES OR HIGH RISE APARTMENTS
Number of vacant homes: 14.06%
Number of renters: 64.69%
Number of owner occupied: 35.31%
Number people living below poverty level: 30.00%
Unemployment rate: 5.50%
Is this area perfect for real estate deals going on right now? With the history of positive appreciation in the Greenville 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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