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Foreclosures in Elkin, NC

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Elkin, NC Foreclosures

How much do homes sell for in Elkin, NC?
The average home price is currently $304,452.
In Elkin, NC, how many homes are available?
There are currently 2 active home listings available in Elkin.
What’s the average rental cost in Elkin, NC?
The average rental price in Elkin is $991.
What is the most expensive home in Elkin?
The most expensive home sold in Elkin had a price of $42,558,644.
What is currently the cheapest priced home in Elkin, NC?
The cheapest home for sale in Elkin is priced at $11,428.

Living in Elkin, NC

Elkin, NC is a small town known for its small-town charm and picturesque mountain views. With a strong sense of community and plenty of outdoor activities, it offers a great quality of life for those seeking tranquility. The area is rich in local history and culture, making it a delightful place to call home.

Current Market Conditions in Elkin, NC

The real estate market in Elkin is currently favorable for both buyers and sellers due to a balanced inventory. The average home price has seen a steady increase in the past few months, reflecting growing interest in this peaceful town, especially from those relocating from urban areas.

Trends suggest that homes in Elkin are selling more quickly, with many listings receiving multiple offers. This heightened activity is driven by Elkin's appealing lifestyle and beautiful surroundings, attracting families and retirees.

Home Value Estimator For Elkin, NC

There are currently 3,355 real estate properties in Elkin, NC, with a median automated valuation model (AVM) price of $233,790.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Elkin, 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 Elkin, NC, is $304,452.00, with the most expensive house in Elkin, NC, topping out at $42,558,644.00 and the cheapest home in Elkin, NC, clocking in at $11,428.00. In other words, there’s something for every potential homebuyer or savvy investor in Elkin, NC!

Rent Prices In Elkin, NC

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Elkin, NC, is on a rollercoaster ride. The average rent price in Elkin, NC, is $991.00. Indeed, when looking to rent in Elkin, NC, you can expect to pay as little as $460.00 or as much as $2,630.00, with the average rent median estimated to be $920.00. The good news is that finding an affordable and desirable property to rent in Elkin, 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.

Elkin, NC Foreclosures

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