Drexel, NC Foreclosures
How much do homes sell for in Drexel, NC?
The average home price is currently $201,316.
In Drexel, NC, how many homes are available?
There are currently 129 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 $796,917.
What is currently the cheapest priced home in Drexel, NC?
The cheapest home for sale in Drexel is priced at $26,393.
Living in Drexel, NC
Drexel, North Carolina, is a quaint small town that offers a relaxed lifestyle surrounded by beautiful landscapes. It boasts a strong sense of community, excellent schools, and a variety of parks and recreational activities. Residents enjoy the combination of rural charm and proximity to larger urban centers.
Current Market Conditions in Drexel, NC
The real estate market in Drexel is currently showing signs of stability with a steady demand for homes. The town remains appealing due to its affordable housing options and access to natural beauty, drawing families and retirees searching for a quiet home away from the hustle and bustle of city life. Homes in the area are generally well-maintained, and community pride is reflected in the upkeep of properties throughout the neighborhoods.
Currently, Drexel's market presents several opportunities for first-time home buyers, as home prices remain relatively low compared to regional averages. There is also interest from investors, as rental properties are becoming a popular option due to the increasing number of people wanting to live in 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 $161,829.00. 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 $201,316.00, with the most expensive house
in Drexel, NC, topping out
at $796,917.00 and the cheapest home
in Drexel, NC,
clocking in at $26,393.00. 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
