Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 115,067, 44,049 total housing units (homes and apartments), and a median house value of $268,481, High Point real estate and house prices are near the national average for all cities and towns.
Single-family detached homes are the single most common housing type in High Point, accounting for 64.49% of the city's housing units. Other types of housing that are prevalent in High Point include large apartment complexes or high rise apartments ( 20.72%), row houses and other attached homes ( 7.58%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 5.93%).
The most prevalent building size and type in High Point are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 55.29% owning and 44.71% renting.
There is a lot of housing in High Point built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in High Point built between 2000 and later ( 29.22%). A lesser amount of the housing stock also hails from between 1940-1969 ( 24.18%). There's also some housing in High Point built before 1939 ( 7.12%).
Appreciation rates for homes in High Point have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 110.58%, which ranks in the top 30% nationwide. This equates to an annual average High Point house appreciation rate of 7.73%.
NeighborhoodScout's data show that during the latest twelve months, High Point's appreciation rate, at 6.80%, has been at or slightly above the national average. In the latest quarter, High Point's appreciation rate has been 4.01%, which annualizes to a rate of 17.03%.
Importantly, this makes High Point one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.
Relative to North Carolina, our data show that High Point's latest annual appreciation rate is lower than 50% of the other cities and towns in North Carolina.
One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within High Point differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in High Point - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best High Point real estate investment or home purchase decisions.
$268,481
for North carolina
for nation
44,049
$1,870 / per month