Foreclosure Homes in Faison, NC 28341

Current Market Conditions in Faison, NC

The real estate market in Faison currently showcases a mixture of modestly priced homes and affordable properties, making it appealing for first-time homebuyers. Prices have remained stable, with a slight increase in demand due to the growing interest in rural living.

Investments in Faison have been growing due to new developments and improvements in local infrastructure, indicating a potential for future appreciation in property values. Larger homes catering to families have also become more desirable, further shaping the market trends.

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 $846.00. Indeed, when looking to rent in Faison, NC, you can expect to pay as little as $510.00 or as much as $2,030.00, 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.