Drexel, NC Foreclosures
How much do homes sell for in Drexel, NC?
The average home price is currently $209,445.
In Drexel, NC, how many homes are available?
There are currently 1 active home listings available in Drexel.
What’s the average rental cost in Drexel, NC?
The average rental price in Drexel is $1,091.
What is the most expensive home in Drexel?
The most expensive home sold in Drexel had a price of $854,661.
What is currently the cheapest priced home in Drexel, NC?
The cheapest home for sale in Drexel is priced at $29,758.
Living in Drexel, NC
Drexel, NC, offers a rural-style living experience with community-oriented values and beautiful landscapes. Residents benefit from nearby educational institutions and outdoor activities, making it an ideal place for families and retirees. The combination of serene surroundings and convenient access to local amenities adds to its appeal as a real estate investment location.
Current Market Conditions in Drexel, NC
The real estate market in Drexel is currently stable, showing signs of gradual appreciation as more people seek out affordable living options outside of larger metropolitan areas. Lack of inventory has led to a competitive environment, particularly for homes that are well-maintained or offer desirable amenities.
Investors might find opportunities in this area as the demand for properties continues to rise, driven by the appeal of a quieter lifestyle and the potential for growth. Homes priced reasonably can yield favorable rental income, especially with the influx of new residents attracted to the area.
Home Value Estimator For Drexel, NC
There are currently 155 real estate properties
in Drexel, NC,
with a median automated valuation model (AVM) price
of $170,915.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Drexel, 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 Drexel, NC,
is $209,445.00, with the most expensive house
in Drexel, NC, topping out
at $854,661.00 and the cheapest home
in Drexel, NC,
clocking in at $29,758.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Drexel, NC!
Rent Prices
In Drexel, NC
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Drexel, NC, is on
a rollercoaster ride. The
average rent price in Drexel, NC,
is $1,091.00. Indeed, when looking to rent in
Drexel, NC, you can expect to pay as little
as $560.00 or as much
as $2,200.00,
with the average rent median estimated to
be $1,010.00. The good news is that finding
an affordable and desirable property to rent in Drexel, 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
