Drexel, NC Foreclosures
How much do homes sell for in Drexel, NC?
The average home price is currently $209,445.
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 is a charming small town perfect for those seeking a laid-back lifestyle. With beautiful outdoor spaces and close proximity to larger cities like Morganton, it offers a blend of rural tranquility and community spirit. Residents enjoy numerous recreational activities, friendly neighbors, and a family-oriented atmosphere.
Current Market Conditions in Drexel, NC
The current real estate market in Drexel is showing signs of growth, with the median home prices gradually increasing due to a steady influx of new residents over the past year. With its proximity to outdoor activities and larger urban centres, Drexel's appeal continues to rise among homebuyers looking for affordable housing options without sacrificing quality of life.
There is a noticeable demand for single-family homes, especially those with land for gardening and outdoor enjoyment. Overall, the market is competitive but offers opportunities for buyers and sellers alike.
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
