Ellenboro, NC Foreclosures
How much do homes sell for in Ellenboro, NC?
The average home price is currently $205,272.
In Ellenboro, NC, how many homes are available?
There are currently 12 active home listings available in Ellenboro.
What’s the average rental cost in Ellenboro, NC?
The average rental price in Ellenboro is $942.
What is the most expensive home in Ellenboro?
The most expensive home sold in Ellenboro had a price of $2,123,429.
What is currently the cheapest priced home in Ellenboro, NC?
The cheapest home for sale in Ellenboro is priced at $6,583.
Living in Ellenboro, NC
Ellenboro, NC, is a charming small town known for its welcoming community and beautiful surroundings. It offers residents a peaceful lifestyle with access to essential amenities and outdoor recreational activities. The town's strong educational values and quaint downtown area make it a great place for families and retirees alike.
Current Market Conditions in Ellenboro, NC
Currently, Ellenboro's real estate market is stable, showing steady demand for homes as buyers are attracted to the area's affordability and quality of life. The small-town charm, combined with beautiful landscapes, has resulted in increased interest from families and retirees, contributing to a gradual rise in property values.
Homes in Ellenboro have been selling at a moderate pace, and the inventory of available properties is relatively low compared to demand. As a result, both buyers and sellers are motivated to navigate the market proactively, leading to competitive bidding in some cases.
Home Value Estimator For Ellenboro, NC
There are currently 2,916 real estate properties
in Ellenboro, NC,
with a median automated valuation model (AVM) price
of $186,419.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Ellenboro, 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 Ellenboro, NC,
is $205,272.00, with the most expensive house
in Ellenboro, NC, topping out
at $2,123,429.00 and the cheapest home
in Ellenboro, NC,
clocking in at $6,583.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Ellenboro, NC!
Rent Prices
In Ellenboro, NC
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Ellenboro, NC, is on
a rollercoaster ride. The
average rent price in Ellenboro, NC,
is $942.00. Indeed, when looking to rent in
Ellenboro, NC, you can expect to pay as little
as $450.00 or as much
as $2,510.00,
with the average rent median estimated to
be $880.00. The good news is that finding
an affordable and desirable property to rent in Ellenboro, 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
