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 262 people, 131 houses or apartments, and a median cost of homes of $304,516, Cameron 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 Cameron, accounting for 70.81% of the town's housing units. Other types of housing that are prevalent in Cameron include mobile homes or trailers ( 29.19%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Cameron. Owner-occupied housing accounts for 80.92% of Cameron's homes, and 65.22% have either three or four bedrooms, which is average sized relative to America.
At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Cameron's housing was primarily built during this period, from the '40s through the '60s. A full 36.02% of the town's housing hails from this era. Other housing ages represented in Cameron include homes built before 1939 ( 26.09%) and housing constructed between 1970-1999 ( 23.60%). There's also some housing in Cameron built between 2000 and later ( 14.29%).
Vacant housing appears to be an issue in Cameron. Fully 18.63% of the housing stock is classified as vacant. Left unchecked, vacant Cameron homes and apartments can be a drag on the real estate market, holding Cameron 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.
Some of the lowest real estate appreciation rates in America over the last ten years have been in Cameron, where house values have increased just 59.06%, which is annualized rate of 4.75%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.
Over the last year, Cameron appreciation rates have trailed the rest of the nation. In the last twelve months, Cameron's appreciation rate has been -5.03%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Cameron were at -7.75%, which equates to an annual appreciation rate of -27.59%.
Notably, Cameron's appreciation rate in the latest quarter is one of the lowest in America.
Relative to North Carolina, our data show that Cameron's latest annual appreciation rate is lower than 90% of the other cities and towns in North Carolina.
$304,516
for North carolina
for nation
131
$1,947 / per month