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Foreclosures in Carrboro, NC 27510

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Carrboro, NC Foreclosures

How much do homes sell for in Carrboro, NC?
The average home price is currently $581,565.
In Carrboro, NC, how many homes are available?
There are currently 8 active home listings available in Carrboro.
What’s the average rental cost in Carrboro, NC?
The average rental price in Carrboro is $1,506.
What is the most expensive home in Carrboro?
The most expensive home sold in Carrboro had a price of $67,046,604.
What is currently the cheapest priced home in Carrboro, NC?
The cheapest home for sale in Carrboro is priced at $61,370.

Living in Carrboro, NC

Carrboro, NC, is a charming small town that offers a unique blend of culture, education, and outdoor activity. With its rich arts scene, local farmers' markets, and parks, Carrboro appeals to those seeking a vibrant community atmosphere. Close to Chapel Hill, it provides access to excellent schools and university resources.

Current Market Conditions in Carrboro, NC

Carrboro’s real estate market remains robust, driven by its proximity to Chapel Hill and the University of North Carolina. Current market trends indicate increasing demand for homes due to the town's desirable lifestyle and amenities. New developments and renovations are on the rise as buyers seek modern, energy-efficient homes in walkable neighborhoods.

The town has experienced steady appreciation in home values over recent years, making it a favorable location for real estate investment. The limited inventory of homes for sale continues to create competitive conditions, particularly for single-family homes.

Home Value Estimator For Carrboro, NC

There are currently 3,833 real estate properties in Carrboro, NC, with a median automated valuation model (AVM) price of $449,266.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Carrboro, 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 Carrboro, NC, is $581,565.00, with the most expensive house in Carrboro, NC, topping out at $67,046,604.00 and the cheapest home in Carrboro, NC, clocking in at $61,370.00. In other words, there’s something for every potential homebuyer or savvy investor in Carrboro, NC!

Rent Prices In Carrboro, NC

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Carrboro, NC, is on a rollercoaster ride. The average rent price in Carrboro, NC, is $1,506.00. Indeed, when looking to rent in Carrboro, NC, you can expect to pay as little as $700.00 or as much as $2,670.00, with the average rent median estimated to be $1,530.00. The good news is that finding an affordable and desirable property to rent in Carrboro, 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.

Carrboro, NC 27510 Foreclosures

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