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 8,106 people, 3,417 houses or apartments, and a median cost of homes of $427,112, Fletcher real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Fletcher, accounting for 64.32% of the town's housing units. Other types of housing that are prevalent in Fletcher include row houses and other attached homes ( 13.33%), large apartment complexes or high rise apartments ( 10.95%), and a few mobile homes or trailers ( 7.20%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Fletcher. Owner-occupied housing accounts for 77.70% of Fletcher's homes, and 73.37% have either three or four bedrooms, which is average sized relative to America.
Fletcher homes and real estate are some of the newest in America. 50.70% of Fletcher'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 Fletcher real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 44.70%), and between 1940-1969 ( 3.29%). There's also some housing in Fletcher built before 1939 ( 1.31%).
Appreciation rates for homes in Fletcher have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 113.87%, which ranks in the top 30% nationwide. This equates to an annual average Fletcher house appreciation rate of 7.90%.
Over the last year, Fletcher appreciation rates have trailed the rest of the nation. In the last twelve months, Fletcher's appreciation rate has been 2.84%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Fletcher were at -1.94%, which equates to an annual appreciation rate of -7.53%.
Notably, Fletcher's appreciation rate in the latest quarter is one of the lowest in America.
Relative to North Carolina, our data show that Fletcher's latest annual appreciation rate is lower than 90% of the other cities and towns in North Carolina.
$427,112
for North carolina
for nation
3,417
$2,575 / per month