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Foreclosure Homes in Erwin, NC 28339

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Erwin, NC Foreclosures

How much do homes sell for in Erwin, NC?
The average home price is currently $215,379.
In Erwin, NC, how many homes are available?
There are currently 12 active home listings available in Erwin.
What’s the average rental cost in Erwin, NC?
The average rental price in Erwin is $954.
What is the most expensive home in Erwin?
The most expensive home sold in Erwin had a price of $6,632,228.
What is currently the cheapest priced home in Erwin, NC?
The cheapest home for sale in Erwin is priced at $11,048.

Living in Erwin, NC

Erwin, NC, is a charming small town ideal for families and retirees, offering a strong sense of community and excellent school systems. With outdoor recreational activities and a variety of local events, Erwin provides a relaxed lifestyle with easy access to nearby urban areas. It’s a great place for those seeking the balance of small-town living and modern conveniences.

Current Market Conditions in Erwin, NC

The real estate market in Erwin has seen steady growth, with home values increasing due to rising demand for affordable housing in the area. Investors are noting a shift towards suburban living, with many looking to Erwin for its charm and affordability compared to larger urban centers.

Currently, inventory levels remain competitive but reasonable, making it a good time for both buyers and sellers. As more people seek refuge in smaller communities post-pandemic, the trend is expected to continue, providing opportunities for real estate investors.

Home Value Estimator For Erwin, NC

There are currently 2,675 real estate properties in Erwin, NC, with a median automated valuation model (AVM) price of $190,454.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Erwin, 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 Erwin, NC, is $215,379.00, with the most expensive house in Erwin, NC, topping out at $6,632,228.00 and the cheapest home in Erwin, NC, clocking in at $11,048.00. In other words, there’s something for every potential homebuyer or savvy investor in Erwin, NC!

Rent Prices In Erwin, NC

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Erwin, NC, is on a rollercoaster ride. The average rent price in Erwin, NC, is $954.00. Indeed, when looking to rent in Erwin, NC, you can expect to pay as little as $490.00 or as much as $3,100.00, with the average rent median estimated to be $930.00. The good news is that finding an affordable and desirable property to rent in Erwin, 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.

Erwin, NC 28339 Foreclosures

Market Trend for Erwin, NC

Total Listings Available: 12

Market Values:

Home Prices from $11,048 to $6,632,228

Average Sales Price: $215,379

Rental Values:

Rental from $490 to $3,100

Average Rent Value: $954 / month

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