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 15,771, 5,510 total housing units (homes and apartments), and a median house value of $722,617, Davidson house prices are not only among the most expensive in North Carolina, Davidson real estate also is some of the most expensive in all of America.
Single-family detached homes are the single most common housing type in Davidson, accounting for 62.33% of the town's housing units. Other types of housing that are prevalent in Davidson include large apartment complexes or high rise apartments ( 23.48%), row houses and other attached homes ( 11.96%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.22%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Davidson. Owner-occupied housing accounts for 68.47% of Davidson's homes, and 56.02% have either three or four bedrooms, which is average sized relative to America.
Davidson homes and real estate are some of the newest in America. 54.75% of Davidson's housing was built since 2000, making the town have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Davidson real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 39.55%), and between 1940-1969 ( 5.42%).
Real estate appreciation rates in Davidson's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.37% during the period.
Over the last year, Davidson appreciation rates have trailed the rest of the nation. In the last twelve months, Davidson's appreciation rate has been 4.93%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Davidson were at 1.72%, which equates to an annual appreciation rate of 7.07%.
Relative to North Carolina, our data show that Davidson's latest annual appreciation rate is lower than 70% of the other cities and towns in North Carolina.
$722,617
for North carolina
for nation
5,510
$2,767 / per month