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 12,003 people, 4,620 houses or apartments, and a median cost of homes of $248,391, house prices in Archdale are solidly below the national average.
Single-family detached homes are the single most common housing type in Archdale, accounting for 73.84% of the city's housing units. Other types of housing that are prevalent in Archdale include row houses and other attached homes ( 10.13%), large apartment complexes or high rise apartments ( 9.84%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 6.11%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Archdale. Owner-occupied housing accounts for 80.51% of Archdale's homes, and 65.53% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Archdale 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 Archdale built between 1940-1969 ( 26.83%). A lesser amount of the housing stock also hails from between 2000 and later ( 24.91%).
In the last 10 years, Archdale has experienced some of the highest home appreciation rates of any community in the nation. Archdale real estate appreciated 117.21% over the last ten years, which is an average annual home appreciation rate of 8.07%, putting Archdale in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Archdale 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 Archdale that despite a nationwide downturn in the housing market, Archdale real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Archdale appreciation rates continue to be some of the highest in America, at 9.68%, which is higher than appreciation rates in 85.55% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Archdale. Archdale appreciation rates in the latest quarter were at 3.97%, which equates to an annual appreciation rate of 16.84%.
Importantly, this makes Archdale 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 Archdale's latest annual appreciation rate is higher than 80% of the other cities and towns in North Carolina.
$248,391
for North carolina
for nation
4,620
$1,742 / per month