Neuse Forest, NC Foreclosures
How much do homes sell for in Neuse Forest, NC?
The average home price is currently $289,132.
What’s the average rental cost in Neuse Forest, NC?
The average rental price in Neuse Forest is $1,092.
What is the most expensive home in Neuse Forest?
The most expensive home sold in Neuse Forest had a price of $1,101,683.
What is currently the cheapest priced home in Neuse Forest, NC?
The cheapest home for sale in Neuse Forest is priced at $161,395.
Living in Neuse Forest, NC
Neuse Forest is a tranquil community in North Carolina that offers residents a serene environment close to nature. It boasts easy access to the Neuse River and is just a short drive from the vibrant city of New Bern, known for its historic charm. The area is perfect for families and individuals looking to enjoy a relaxed lifestyle surrounded by beautiful scenery.
Current Market Conditions in Neuse Forest, NC
The real estate market in Neuse Forest is currently witnessing a modest increase in demand, driven by an influx of families and retirees seeking to enjoy its idyllic surroundings. Low inventory levels have resulted in rising home prices, making it a competitive market for buyers looking for single-family homes alongside the river or wooded areas. Properties are often sold quickly, and sellers are receiving multiple offers, indicating a strong interest in the area as a desirable place to live.
Investors are also taking note of the growing market, with a focus on flipping properties or renting to long-term residents. The local government's efforts to enhance community amenities and infrastructure measures further bolster the area's attractiveness, suggesting a positive trend for future investment opportunities.
Home Value Estimator For Neuse Forest, NC
There are currently 21 real estate properties
in Neuse Forest, NC,
with a median automated valuation model (AVM) price
of $263,109.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Neuse Forest, 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 Neuse Forest, NC,
is $289,132.00, with the most expensive house
in Neuse Forest, NC, topping out
at $1,101,683.00 and the cheapest home
in Neuse Forest, NC,
clocking in at $161,395.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Neuse Forest, NC!
Rent Prices
In Neuse Forest, NC
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Neuse Forest, NC, is on
a rollercoaster ride. The
average rent price in Neuse Forest, NC,
is $1,092.00. Indeed, when looking to rent in
Neuse Forest, NC, you can expect to pay as little
as $820.00 or as much
as $1,470.00,
with the average rent median estimated to
be $1,070.00. The good news is that finding
an affordable and desirable property to rent in Neuse Forest, 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.
Learn more on Foreclosure homes
