SNEADS FERRY HOUSING MARKET INFORMATION With 2,548 people, 1,294 houses or apartments, and a median cost of homes of $377,265, Sneads Ferry real estate prices are well above average cost compared to national prices. Single-family detached homes are the single most common housing type in Sneads Ferry, accounting for 66.56% of the town's housing units. Other types of housing that are prevalent in Sneads Ferry include row houses and other attached homes ( 15.94%), mobile homes or trailers ( 10.40%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 3.81%). The most prevalent building size and type in Sneads Ferry are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 64.61% owning and 35.39% renting. There is a lot of housing in Sneads Ferry 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 Sneads Ferry built between 2000 and later ( 28.11%). A lesser amount of the housing stock also hails from between 1940-1969 ( 23.82%). Vacant housing appears to be an issue in Sneads Ferry. Fully 32.39% of the housing stock is classified as vacant. Left unchecked, vacant Sneads Ferry homes and apartments can be a drag on the real estate market, holding Sneads Ferry 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. SNEADS FERRY HOME APPRECIATION RATES In the last 10 years, Sneads Ferry has experienced some of the highest home appreciation rates of any community in the nation. Sneads Ferry real estate appreciated 180.11% over the last ten years, which is an average annual home appreciation rate of 10.85%, putting Sneads Ferry in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Sneads Ferry 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 Sneads Ferry that despite a nationwide downturn in the housing market, Sneads Ferry real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Sneads Ferry appreciation rates continue to be some of the highest in America, at 9.55%, which is higher than appreciation rates in 75.96% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Sneads Ferry. Sneads Ferry appreciation rates in the latest quarter were at 6.45%, which equates to an annual appreciation rate of 28.41%. Importantly, this makes Sneads Ferry one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength. Relative to North Carolina, our data show that Sneads Ferry's latest annual appreciation rate is higher than 90% of the other cities and towns in North Carolina.