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Cheap Homes in Corolla, NC

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Corolla, NC Foreclosures

How much do homes sell for in Corolla, NC?
The average home price is currently $933,480.
What’s the average rental cost in Corolla, NC?
The average rental price in Corolla is $2,480.
What is the most expensive home in Corolla?
The most expensive home sold in Corolla had a price of $17,000,000.
What is currently the cheapest priced home in Corolla, NC?
The cheapest home for sale in Corolla is priced at $14,212.

Living in Corolla, NC

Corolla, NC is a stunning beachside community located on the Outer Banks known for its beautiful candles, historic landmarks, and outdoor activities. It boasts stunning ocean views, wild horses, and ample recreational options, making it an ideal location for both vacationers and year-round residents. The area is family-oriented, with numerous amenities and attractions that cater to all ages.

Current Market Conditions in Corolla, NC

The current real estate market in Corolla is quite competitive with a steady demand for vacation homes. Properties tend to sell quickly, especially those near the beach, with many buyers looking for investment opportunities in rental properties due to the town's tourist appeal.

Prices have been steadily rising over the past year as more people seek to own homes in this picturesque area. The luxury market is also thriving, with higher-end homes and waterfront properties garnering significant interest.

Home Value Estimator For Corolla, NC

There are currently 6,944 real estate properties in Corolla, NC, with a median automated valuation model (AVM) price of $765,327.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Corolla, 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 Corolla, NC, is $933,480.00, with the most expensive house in Corolla, NC, topping out at $17,000,000.00 and the cheapest home in Corolla, NC, clocking in at $14,212.00. In other words, there’s something for every potential homebuyer or savvy investor in Corolla, NC!

Rent Prices In Corolla, NC

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Corolla, NC, is on a rollercoaster ride. The average rent price in Corolla, NC, is $2,480.00. Indeed, when looking to rent in Corolla, NC, you can expect to pay as little as $650.00 or as much as $4,160.00, with the average rent median estimated to be $2,390.00. The good news is that finding an affordable and desirable property to rent in Corolla, 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.

Cheap Homes in Corolla, NC


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