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Foreclosures in Broadway, NC 27505

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Broadway, NC Foreclosures

How much do homes sell for in Broadway, NC?
The average home price is currently $271,578.
In Broadway, NC, how many homes are available?
There are currently 2 active home listings available in Broadway.
What’s the average rental cost in Broadway, NC?
The average rental price in Broadway is $1,105.
What is the most expensive home in Broadway?
The most expensive home sold in Broadway had a price of $4,570,792.
What is currently the cheapest priced home in Broadway, NC?
The cheapest home for sale in Broadway is priced at $12,082.

Living in Broadway, NC

Broadway, NC is a quaint small town nestled in Lee County, offering a tight-knit community, lush parks, and a range of outdoor activities. It boasts a friendly environment with local shops and cafes that cater to everyday needs. Perfect for families, it's an ideal place to relax while still being close to larger city amenities.

Current Market Conditions in Broadway, NC

The real estate market in Broadway is currently experiencing steady growth, driven by affordable housing options and an influx of newcomers seeking a peaceful rural lifestyle. The average price of homes has shown a trend of gradual appreciation, but it remains an attractive market for first-time homebuyers and investors alike.

As demand for housing increases, the local market is expected to continue appreciating, yet the overall cost of living remains relatively low in comparison to larger North Carolina cities.

Home Value Estimator For Broadway, NC

There are currently 2,764 real estate properties in Broadway, NC, with a median automated valuation model (AVM) price of $267,039.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Broadway, 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 Broadway, NC, is $271,578.00, with the most expensive house in Broadway, NC, topping out at $4,570,792.00 and the cheapest home in Broadway, NC, clocking in at $12,082.00. In other words, there’s something for every potential homebuyer or savvy investor in Broadway, NC!

Rent Prices In Broadway, NC

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Broadway, NC, is on a rollercoaster ride. The average rent price in Broadway, NC, is $1,105.00. Indeed, when looking to rent in Broadway, NC, you can expect to pay as little as $610.00 or as much as $2,060.00, with the average rent median estimated to be $1,120.00. The good news is that finding an affordable and desirable property to rent in Broadway, 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.

Broadway, NC 27505 Foreclosures


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