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Foreclosure Homes in Elm City, NC

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Elm City, NC Foreclosures

How much do homes sell for in Elm City, NC?
The average home price is currently $250,627.
In Elm City, NC, how many homes are available?
There are currently 21 active home listings available in Elm City.
What’s the average rental cost in Elm City, NC?
The average rental price in Elm City is $1,063.
What is the most expensive home in Elm City?
The most expensive home sold in Elm City had a price of $2,255,460.
What is currently the cheapest priced home in Elm City, NC?
The cheapest home for sale in Elm City is priced at $9,574.

Living in Elm City, NC

Elm City is a quaint town located in North Carolina, offering a tranquil lifestyle surrounded by nature. With reliable schools and essential amenities close by, it has become a sought-after location for families and investors. The community is known for its friendliness and strong local events, making it a delightful place to live.

Current Market Conditions in Elm City, NC

The real estate market in Elm City is currently experiencing steady growth, with home prices showing a consistent upward trend. The demand for family homes has increased, driven by new residents attracted to the town's quality of life and community spirit.

Investors are finding opportunities in Elm City with a range of properties available. The market remains competitive, but there are still affordable options for first-time buyers and those looking to invest in rental properties.

Home Value Estimator For Elm City, NC

There are currently 3,348 real estate properties in Elm City, NC, with a median automated valuation model (AVM) price of $213,404.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Elm City, 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 Elm City, NC, is $250,627.00, with the most expensive house in Elm City, NC, topping out at $2,255,460.00 and the cheapest home in Elm City, NC, clocking in at $9,574.00. In other words, there’s something for every potential homebuyer or savvy investor in Elm City, NC!

Rent Prices In Elm City, NC

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Elm City, NC, is on a rollercoaster ride. The average rent price in Elm City, NC, is $1,063.00. Indeed, when looking to rent in Elm City, NC, you can expect to pay as little as $520.00 or as much as $2,420.00, 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 Elm City, 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.

Elm City, NC Foreclosures

Market Trend for Elm City, NC

Total Listings Available: 21

Market Values:

Home Prices from $9,574 to $2,255,460

Average Sales Price: $250,627

Rental Values:

Rental from $520 to $2,420

Average Rent Value: $1,063 / month

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