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Preforeclosure Homes in Erwin, NC

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Erwin, NC Foreclosures

How much do homes sell for in Erwin, NC?
The average home price is currently $215,447.
In Erwin, NC, how many homes are available?
There are currently 11 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 $6,613,238.
What is currently the cheapest priced home in Erwin, NC?
The cheapest home for sale in Erwin is priced at $11,074.

Living in Erwin, NC

Erwin, NC is a tight-knit community offering a blend of small-town charm and easy access to urban conveniences. With its scenic landscapes, various outdoor activities, and strong educational institutions, it provides a quality lifestyle for families and individuals alike. The affordable housing and welcoming atmosphere appeal to diverse demographics.

Current Market Conditions in Erwin, NC

The real estate market in Erwin currently favors buyers, with a range of properties available at various price points. Recent trends indicate a gradual increase in home values, reflecting the area's growing popularity as a residential choice due to its appealing amenities and lifestyle. Although inventory levels are higher, the demand for homes, particularly in family-friendly neighborhoods, continues to rise.

Recently, the town has seen several new developments and renovations of existing properties driven by an influx of new residents, further enhancing the local market appeal. This continuous growth is expected to sustain the demand for real estate in the area.

Home Value Estimator For Erwin, NC

There are currently 2,677 real estate properties in Erwin, NC, with a median automated valuation model (AVM) price of $188,869.00. 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 $215,447.00, with the most expensive house in Erwin, NC, topping out at $6,613,238.00 and the cheapest home in Erwin, NC, clocking in at $11,074.00. 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 Preforeclosure Homes


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