Corbin City, NJ Foreclosures
How much do homes sell for in Corbin City, NJ?
The average home price is currently $309,430.
In Corbin City, NJ, how many homes are available?
There are currently 2 active home listings available in Corbin City.
What’s the average rental cost in Corbin City, NJ?
The average rental price in Corbin City is $1,648.
What is the most expensive home in Corbin City?
The most expensive home sold in Corbin City had a price of $4,866,299.
What is currently the cheapest priced home in Corbin City, NJ?
The cheapest home for sale in Corbin City is priced at $23,718.
Living in Corbin City, NJ
Corbin City, NJ, is a small, peaceful community known for its rural charm and tight-knit atmosphere. It offers easy access to outdoor recreational activities, making it ideal for families and retirees. With local amenities and a welcoming environment, the city provides a serene lifestyle just a short distance from larger urban centers.
Current Market Conditions in Corbin City, NJ
The real estate market in Corbin City remains stable, with moderate growth in home prices over the past few months. The demand for property in this area has remained consistent, appealing to both families looking for spacious homes and retirees wishing to downsize to a quieter environment. As availability is limited in this small city, buyers often find themselves considering homes as soon as they hit the market, contributing to competitive offers.
In recent months, Corbin City has shown a steady increase in real estate activity, especially among single-family homes. The average days on market have reduced, signifying a quicker turnover as buyers recognize the unique qualities that Corbin City offers. Potential investors are also keeping an eye on this locale for rental opportunities, enhancing the appeal of properties in the area.
Home Value Estimator For Corbin City, NJ
There are currently 322 real estate properties
in Corbin City, NJ,
with a median automated valuation model (AVM) price
of $272,815.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Corbin City, NJ, 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 Corbin City, NJ,
is $309,430.00, with the most expensive house
in Corbin City, NJ, topping out
at $4,866,299.00 and the cheapest home
in Corbin City, NJ,
clocking in at $23,718.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Corbin City, NJ!
Rent Prices
In Corbin City, NJ
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Corbin City, NJ, is on
a rollercoaster ride. The
average rent price in Corbin City, NJ,
is $1,648.00. Indeed, when looking to rent in
Corbin City, NJ, you can expect to pay as little
as $1,090.00 or as much
as $3,020.00,
with the average rent median estimated to
be $1,660.00. The good news is that finding
an affordable and desirable property to rent in Corbin City, NJ
-- 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.