Living in Cedar Island, NC
Cedar Island, NC, is a serene coastal community famous for its stunning natural landscapes and outdoor recreation opportunities. With its unspoiled beaches and friendly atmosphere, Cedar Island offers a tranquil place for families and retirees to call home. The area is perfect for water enthusiasts and nature lovers alike, making it a truly unique location.
Current Market Conditions in Cedar Island, NC
The real estate market in Cedar Island has been relatively stable, with a mix of year-round residents and seasonal visitors. Demand for coastal properties remains strong, especially for those seeking vacation homes. The average home prices have seen slight increases due to the limited inventory and desirable location by the water, appealing to buyers looking for a peaceful retreat.
Current trends indicate a growing interest in waterfront properties, particularly as remote work becomes more common, allowing more people to relocate to scenic spots like Cedar Island. Buyers are often looking for homes with direct access to water activities, contributing to the ongoing demand.
Home Value Estimator For Cedar Island, NC
There are currently 190 real estate properties
in Cedar Island, NC,
with a median automated valuation model (AVM) price
of $233,817.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Cedar Island, 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 Cedar Island, NC,
is $262,022.00, with the most expensive house
in Cedar Island, NC, topping out
at $3,506,044.00 and the cheapest home
in Cedar Island, NC,
clocking in at $27,665.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Cedar Island, NC!
Rent Prices
In Cedar Island, NC
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Cedar Island, NC, is on
a rollercoaster ride. The
average rent price in Cedar Island, NC,
is $1,003.00. Indeed, when looking to rent in
Cedar Island, NC, you can expect to pay as little
as $600.00 or as much
as $2,240.00,
with the average rent median estimated to
be $970.00. The good news is that finding
an affordable and desirable property to rent in Cedar Island, 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.
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