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 545, 336 total housing units (homes and apartments), and a median house value of $185,166, house prices in Robbinsville are solidly below the national average.
Single-family detached homes are the single most common housing type in Robbinsville, accounting for 35.56% of the town's housing units. Other types of housing that are prevalent in Robbinsville include mobile homes or trailers ( 21.98%), duplexes, homes converted to apartments or other small apartment buildings ( 19.75%), and a few large apartment complexes or high rise apartments ( 19.26%).
Robbinsville is dominated by renter-occupied one, two, or no bedrooms apartments. 71.82% of Robbinsville's dwellings are rentals.
There is a lot of housing in Robbinsville 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 Robbinsville built between 1940-1969 ( 28.40%). A lesser amount of the housing stock also hails from between 2000 and later ( 18.77%). There's also some housing in Robbinsville built before 1939 ( 11.11%).
Vacant housing appears to be an issue in Robbinsville. Fully 17.04% of the housing stock is classified as vacant. Left unchecked, vacant Robbinsville homes and apartments can be a drag on the real estate market, holding Robbinsville real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.
In the last 10 years, Robbinsville has experienced some of the highest home appreciation rates of any community in the nation. Robbinsville real estate appreciated 121.80% over the last ten years, which is an average annual home appreciation rate of 8.29%, putting Robbinsville in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Robbinsville definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Appreciation rates are so strong in Robbinsville that despite a nationwide downturn in the housing market, Robbinsville real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Robbinsville appreciation rates continue to be some of the highest in America, at 9.13%, which is higher than appreciation rates in 81.70% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Robbinsville. Robbinsville appreciation rates in the latest quarter were at 1.46%, which equates to an annual appreciation rate of 5.95%.
Relative to North Carolina, our data show that Robbinsville's latest annual appreciation rate is higher than 80% of the other cities and towns in North Carolina.
$185,166
for North carolina
for nation
336
$872 / per month