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Foreclosure Homes in Elk Park, NC 28622

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Elk Park, NC Foreclosures

How much do homes sell for in Elk Park, NC?
The average home price is currently $257,367.
What’s the average rental cost in Elk Park, NC?
The average rental price in Elk Park is $1,063.
What is the most expensive home in Elk Park?
The most expensive home sold in Elk Park had a price of $6,744,500.
What is currently the cheapest priced home in Elk Park, NC?
The cheapest home for sale in Elk Park is priced at $13,220.

Living in Elk Park, NC

Elk Park, NC is a quaint mountain town known for its stunning landscapes and outdoor activities. Located near the Appalachian Trail and Pisgah National Forest, it offers residents a peaceful lifestyle surrounded by nature. The community is welcoming and family-friendly, with access to quality schools and local amenities.

Current Market Conditions in Elk Park, NC

The real estate market in Elk Park, NC is currently experiencing steady growth. Home values have seen a modest increase as demand in the area rises due to its attractive lifestyle and outdoor recreation opportunities. With a small population, the inventory of homes for sale tends to move quickly, making it a competitive market for buyers.

Many buyers are drawn to Elk Park for its affordable housing compared to larger metropolitan areas, which has also contributed to increased interest from investors looking for vacation rental properties or second homes in scenic destinations.

Home Value Estimator For Elk Park, NC

There are currently 1,150 real estate properties in Elk Park, NC, with a median automated valuation model (AVM) price of $189,100.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Elk Park, 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 Elk Park, NC, is $257,367.00, with the most expensive house in Elk Park, NC, topping out at $6,744,500.00 and the cheapest home in Elk Park, NC, clocking in at $13,220.00. In other words, there’s something for every potential homebuyer or savvy investor in Elk Park, NC!

Rent Prices In Elk Park, NC

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Elk Park, NC, is on a rollercoaster ride. The average rent price in Elk Park, NC, is $1,063.00. Indeed, when looking to rent in Elk Park, NC, you can expect to pay as little as $500.00 or as much as $2,860.00, with the average rent median estimated to be $990.00. The good news is that finding an affordable and desirable property to rent in Elk Park, 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.

Elk Park, NC 28622 Foreclosures

Market Trend for Elk Park, NC

Total Listings Available: 0

Market Values:

Home Prices from $13,220 to $6,744,500

Average Sales Price: $257,367

Rental Values:

Rental from $500 to $2,860

Average Rent Value: $1,063 / month

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