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 640, 218 total housing units (homes and apartments), and a median house value of $351,063, East Bend real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in East Bend, accounting for 87.17% of the town's housing units. Other types of housing that are prevalent in East Bend include mobile homes or trailers ( 11.50%), duplexes, homes converted to apartments or other small apartment buildings ( 1.33%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in East Bend. Owner-occupied housing accounts for 83.03% of East Bend's homes, and 63.72% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in East Bend 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 East Bend built before 1939 ( 22.12%). A lesser amount of the housing stock also hails from between 1940-1969 ( 16.81%). There's also some housing in East Bend built between 2000 and later ( 4.87%).
Appreciation rates for homes in East Bend have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 104.80%, which ranks in the top 30% nationwide. This equates to an annual average East Bend house appreciation rate of 7.43%.
NeighborhoodScout's data show that during the latest twelve months, East Bend's appreciation rate, at 3.29%, has been at or slightly above the national average. In the latest quarter, East Bend's appreciation rate has been 0.10%, which annualizes to a rate of 0.40%.
Relative to North Carolina, our data show that East Bend's latest annual appreciation rate is higher than 80% of the other cities and towns in North Carolina.
$351,063
for North carolina
for nation
218
$1,005 / per month