27845, Jackson, NC

The 27845 zip code of Jackson, NC has a median home value of $130,000 and a median home equity of $111,000. This is higher than the national median home value of $123,600 and the North Carolina median home equity of $101,200. The 27845 zip code also has a lower than average homeownership rate of 63%. This is due in part to the high percentage of renters in this zip code (37%).

Despite these high values and low homeownership rates, there has been an increase in home prices over the past five years. Between 2012 and 2016, the average home value increased by 10%. This increase can be partially attributed to low interest rates and increasing demand for homes in Jackson.

Despite this recent increase in prices, it is important to keep in mind that there are still many opportunities available for buyers in the 27845 zip code. The area has a population growth rate of 2%, which is below the national average growth rate of 2.9%. Additionally, there are currently only 1% more homes for sale than there were five years ago. Therefore, if you are looking to buy a home in Jackson, you have plenty of time to do so at current prices.