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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Randleman, NC Real Estate Market

Source & Methodology

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.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Randleman, NC Housing Market Trends

With 4,642 people, 1,523 houses or apartments, and a median cost of homes of $210,215, house prices in Randleman are solidly below the national average.

Single-family detached homes are the single most common housing type in Randleman, accounting for 86.15% of the city's housing units. Other types of housing that are prevalent in Randleman include large apartment complexes or high rise apartments ( 8.87%), mobile homes or trailers ( 3.28%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 1.70%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Randleman. Owner-occupied housing accounts for 67.50% of Randleman's homes, and 62.70% have either three or four bedrooms, which is average sized relative to America.

The housing in Randleman was primarily built before 1939 ( 31.35%), making the housing stock in Randleman some of the oldest overall in America, although there is a range of ages of homes in Randleman. The next most important housing age is between 1970-1999 ( 29.28%), followed by between 2000 and later ( 28.31%). There's also some housing in Randleman built between 1940-1969 ( 11.06%).

Randleman Home Appreciation Rates

Appreciation rates for homes in Randleman have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 100.98%, which ranks in the top 40% nationwide. This equates to an annual average Randleman house appreciation rate of 7.23%.

Over the last year, Randleman appreciation rates have trailed the rest of the nation. In the last twelve months, Randleman's appreciation rate has been 5.24%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Randleman were at 3.97%, which equates to an annual appreciation rate of 16.84%.

Importantly, this makes Randleman one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

Relative to North Carolina, our data show that Randleman's latest annual appreciation rate is lower than 70% of the other cities and towns in North Carolina.

Average Home Values

Median Home Value

$210,215

Randleman, NC Home Prices
> $1,501,000
$1,126,001 - $1,501,000
$751,001 - $1,126,000
$600,001 - $751,000
$451,001 - $600,000
$300,001 - $451,000
$150,001 - $300,000
$75,001 - $150,000
$0 - $75,000
0.0%
0.0%
0.0%
0.0%
0.4%
0.4%
1.9%
1.9%
7.6%
7.6%
8.0%
8.0%
60.1%
60.1%
17.5%
17.5%
4.5%
4.5%
0% 100.0%
% of Homes
Low

for North carolina

Low

for nation

Number of Homes And Apartments:

1,523

Randleman Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,452 / per month

Homeownership Rate

Owners
Renters
67.5%
67.5%
32.5%
32.5%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
7.5%
7.5%
92.5%
92.5%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
28.3%
28.3%
29.3%
29.3%
11.1%
11.1%
31.3%
31.3%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
86.1%
86.1%
0.0%
0.0%
1.7%
1.7%
8.9%
8.9%
3.3%
3.3%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
1.3%
1.3%
7.6%
7.6%
28.4%
28.4%
48.4%
48.4%
14.3%
14.3%
0.0%
0.0%
0% 100.0%
% of Homes

Popular Neighborhoods in Randleman

Zip Codes in Randleman, NC