27013, Cleveland, NC

Home equity is a key component of homeownership and can provide a significant financial cushion in times of need. Home prices, on the other hand, are an important measure of the market value of homes in a given area. In Cleveland, NC, home equity and home prices have been on the rise for several years now. This has led to increased demand and higher prices for homes in this zip code.

According to Zillow, the median home value in Cleveland was $128,200 as of September 2017. This is up from $116,600 as of September 2016 and $101,000 as of September 2015. Over the past three years alone, home values have increased by 27%. This increase has led to an increase in homeownership rates in Cleveland – from 63% as of September 2016 to 67% as of September 2017.

While there is still some room for price growth in Cleveland – especially if interest rates continue to rise – it appears that this zip code is experiencing strong demand for homes and high home values. If you are looking for a location that offers good value and strong homeownerhip rates, then you may want to consider living in Cleveland, NC.