Rex, NC Foreclosures
How much do homes sell for in Rex, NC?
The average home price is currently $143,358.
In Rex, NC, how many homes are available?
There are currently 198 active home listings available in Rex.
What’s the average rental cost in Rex, NC?
The average rental price in Rex is $902.
What is the most expensive home in Rex?
The most expensive home sold in Rex had a price of $254,872.
What is currently the cheapest priced home in Rex, NC?
The cheapest home for sale in Rex is priced at $59,795.
Living in Rex, NC
REX, NC is a charming small town nestled in the midst of North Carolina's natural beauty. It boasts a friendly community atmosphere, excellent schools, and a variety of outdoor activities. Conveniently located near Raleigh, residents enjoy access to urban amenities while savoring a peaceful small-town lifestyle.
Current Market Conditions in Rex, NC
The current real estate market in REX, NC is showing steady growth, with an increase in property values over the past year. The demand for homes is rising due to the area's appealing lifestyle, making it an attractive place for families and retirees alike. Homes are selling relatively quickly, reflecting the desirability of the location.
There is a healthy mix of housing options, from traditional single-family homes to new developments. The influx of new residents has prompted local developers to build more homes, aiming to meet the demand while maintaining the charm of the neighborhood.
Home Value Estimator For Rex, NC
There are currently 11 real estate properties
in Rex, NC,
with a median automated valuation model (AVM) price
of $111,700.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Rex, NC, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Rex, NC,
is $143,358.00, with the most expensive house
in Rex, NC, topping out
at $254,872.00 and the cheapest home
in Rex, NC,
clocking in at $59,795.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Rex, NC!
Rent Prices
In Rex, NC
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Rex, NC, is on
a rollercoaster ride. The
average rent price in Rex, NC,
is $902.00. Indeed, when looking to rent in
Rex, NC, you can expect to pay as little
as $730.00 or as much
as $1,100.00,
with the average rent median estimated to
be $900.00. The good news is that finding
an affordable and desirable property to rent in Rex, NC
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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