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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



High Point, NC Real Estate Market

Source & Methodology

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.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

High Point, NC Housing Market Trends

With 115,067 people, 44,049 houses or apartments, and a median cost of homes of $252,803, 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%).

High Point Home Appreciation Rates

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 105.24%, which ranks in the top 30% nationwide. This equates to an annual average High Point house appreciation rate of 7.45%.

Appreciation rates are so strong in High Point that despite a nationwide downturn in the housing market, High Point real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, High Point appreciation rates continue to be some of the highest in America, at 7.33%, which is higher than appreciation rates in 76.80% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in High Point. High Point appreciation rates in the latest quarter were at 1.21%, which equates to an annual appreciation rate of 4.93%.

Relative to North Carolina, our data show that High Point's latest annual appreciation rate is lower than 60% 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.

Average Home Values

Median Home Value

$252,803

High Point, NC Home Prices
> $1,434,000
$1,076,001 - $1,434,000
$717,001 - $1,076,000
$574,001 - $717,000
$430,001 - $574,000
$287,001 - $430,000
$143,001 - $287,000
$72,001 - $143,000
$0 - $72,000
0.3%
0.3%
0.8%
0.8%
2.8%
2.8%
4.1%
4.1%
10.4%
10.4%
23.3%
23.3%
34.8%
34.8%
18.3%
18.3%
5.1%
5.1%
0% 100.0%
% of Homes
Average

for North carolina

Average

for nation

Number of Homes And Apartments:

44,049

High Point Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,793 / per month

Homeownership Rate

Owners
Renters
55.3%
55.3%
44.7%
44.7%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
8.0%
8.0%
92.0%
92.0%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
29.2%
29.2%
39.5%
39.5%
24.2%
24.2%
7.1%
7.1%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
64.5%
64.5%
7.6%
7.6%
5.9%
5.9%
20.7%
20.7%
1.3%
1.3%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
1.5%
1.5%
8.6%
8.6%
28.5%
28.5%
40.0%
40.0%
17.0%
17.0%
4.4%
4.4%
0% 100.0%
% of Homes