Land Foreclosures in Ellerbe, NC

Current Market Conditions in Ellerbe, NC

The real estate market in Ellerbe has remained stable, with moderate growth observed in property values. The area is currently attracting potential buyers looking for affordable housing options in a peaceful environment, leading to increased interest in listings over recent months.

As of late 2023, homes in Ellerbe are generally selling within a few months, with prices ranging from modest to mid-range. The most sought-after properties are those with land and rural views, appealing to buyers looking for a homestead.

Rent Prices In Ellerbe, NC

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Ellerbe, NC, is on a rollercoaster ride. The average rent price in Ellerbe, NC, is $829.00. Indeed, when looking to rent in Ellerbe, NC, you can expect to pay as little as $490.00 or as much as $1,980.00, with the average rent median estimated to be $770.00. The good news is that finding an affordable and desirable property to rent in Ellerbe, 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.