Drexel, NC Foreclosures
How much do homes sell for in Drexel, NC?
The average home price is currently $201,264.
In Drexel, NC, how many homes are available?
There are currently 121 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 $788,900.
What is currently the cheapest priced home in Drexel, NC?
The cheapest home for sale in Drexel is priced at $26,489.
Living in Drexel, NC
Drexel, NC, is a quaint town that blends community warmth with beautiful natural scenery. It offers residents the charm of small-town living while providing a variety of outdoor and recreational activities. The town is ideal for families and nature lovers alike.
Current Market Conditions in Drexel, NC
The real estate market in Drexel has been steadily appreciating over the past few years, making it an appealing spot for investment. With the growing interest in suburban living post-pandemic, more buyers are looking at the landscape here for their next home.
Supply has remained relatively low compared to demand, which has caused home values to rise. The average days a property stays on the market has decreased significantly, indicating a competitive environment for buyers.
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 $167,645.00. 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 $201,264.00, with the most expensive house
in Drexel, NC, topping out
at $788,900.00 and the cheapest home
in Drexel, NC,
clocking in at $26,489.00. 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
