Foreclosure Homes in Faison, NC

Buyer vs Seller Market in Faison, NC

The real estate market in Faison remains stable with moderate appreciation in home values over the past few years. The area sees consistent demand for affordable housing, making it attractive for both homebuyers and investors. Listing prices for homes cater to a variety of budgets, appealing to first-time buyers and retirees looking for a quieter lifestyle.

Current trends indicate increased interest in Faison due to its affordability compared to neighboring areas. The influx of new residents seeking a slower pace of life, along with investments in local infrastructure, suggests potential growth and an upward trajectory in property values.

Rent Prices In Faison, NC

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Faison, NC, is on a rollercoaster ride. The average rent price in Faison, NC, is $850.00. Indeed, when looking to rent in Faison, NC, you can expect to pay as little as $510.00 or as much as $2,130.00, with the average rent median estimated to be $820.00. The good news is that finding an affordable and desirable property to rent in Faison, 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.