Buxton, NC Foreclosures
How much do homes sell for in Buxton, NC?
The average home price is currently $488,610.
What’s the average rental cost in Buxton, NC?
The average rental price in Buxton is $1,561.
What is the most expensive home in Buxton?
The most expensive home sold in Buxton had a price of $5,433,374.
What is currently the cheapest priced home in Buxton, NC?
The cheapest home for sale in Buxton is priced at $13,427.
Living in Buxton, NC
Buxton, NC, is a picturesque beach community located on Hatteras Island, known for its rich natural beauty and relaxed coastal lifestyle. This charming area offers a variety of outdoor activities, quaint shops, and delicious local seafood. It’s an ideal place for families and beach enthusiasts who enjoy a slower pace of life while being surrounded by stunning landscapes.
Current Market Conditions in Buxton, NC
The real estate market in Buxton has seen a noticeable increase in activity over the past few months, driven by the rising interest in vacation homes and rental properties. The demand for homes, particularly those near the beach, is high, with many homes selling quickly. The average home price has risen slightly due to this increased demand, reflecting the area's attractiveness as a tourist destination.
As of late 2023, Buxton's housing market remains robust, with inventory levels decreasing and competition among buyers intensifying. The interest in properties, particularly for investment purposes such as vacation rentals, continues to grow, marking Buxton as a desirable location for real estate investment. Attributes such as proximity to the beach and recreational opportunities make it appealing.
Home Value Estimator For Buxton, NC
There are currently 414 real estate properties
in Buxton, NC,
with a median automated valuation model (AVM) price
of $425,896.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Buxton, 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 Buxton, NC,
is $488,610.00, with the most expensive house
in Buxton, NC, topping out
at $5,433,374.00 and the cheapest home
in Buxton, NC,
clocking in at $13,427.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Buxton, NC!
Rent Prices
In Buxton, NC
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Buxton, NC, is on
a rollercoaster ride. The
average rent price in Buxton, NC,
is $1,561.00. Indeed, when looking to rent in
Buxton, NC, you can expect to pay as little
as $870.00 or as much
as $2,720.00,
with the average rent median estimated to
be $1,500.00. The good news is that finding
an affordable and desirable property to rent in Buxton, 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
