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Rent To Own Homes in Ellenboro, NC 28040

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Ellenboro, NC Foreclosures

How much do homes sell for in Ellenboro, NC?
The average home price is currently $205,679.
In Ellenboro, NC, how many homes are available?
There are currently 3 active home listings available in Ellenboro.
What’s the average rental cost in Ellenboro, NC?
The average rental price in Ellenboro is $943.
What is the most expensive home in Ellenboro?
The most expensive home sold in Ellenboro had a price of $1,959,467.
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 delightful small town that offers a serene lifestyle surrounded by scenic landscapes. Residents enjoy a tight-knit community atmosphere and local amenities that cater to all ages. With well-rated schools and recreational opportunities, Ellenboro is an attractive location for both families and retirees looking for tranquility.

Current Market Conditions in Ellenboro, NC

The current real estate market in Ellenboro reflects a stable environment with moderate price growth. New properties continue to attract buyers looking for affordable housing options, making it an appealing prospect for first-time homebuyers and investors alike. Despite its small-town feel, the demand for properties is gradually increasing, particularly among those relocating from urban areas.

Recent trends indicate that Ellenboro's market is leaning toward a seller's market, with inventory levels decreasing and homes selling quickly. This has prompted builders to consider new developments to meet the rising demand, particularly for family-sized homes.

Home Value Estimator For Ellenboro, NC

There are currently 2,897 real estate properties in Ellenboro, NC, with a median automated valuation model (AVM) price of $186,733.00. 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 $205,679.00, with the most expensive house in Ellenboro, NC, topping out at $1,959,467.00 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 $943.00. 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.

Ellenboro, NC 28040 Rent To Own Homes

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