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Bankruptcy Homes in Faison, NC

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Faison, NC Foreclosures

How much do homes sell for in Faison, NC?
The average home price is currently $214,593.
In Faison, NC, how many homes are available?
There are currently 2 active home listings available in Faison.
What’s the average rental cost in Faison, NC?
The average rental price in Faison is $850.
What is the most expensive home in Faison?
The most expensive home sold in Faison had a price of $9,060,614.
What is currently the cheapest priced home in Faison, NC?
The cheapest home for sale in Faison is priced at $10,328.

Living in Faison, NC

Faison, NC, is a quaint town that offers residents a peaceful lifestyle with a close-knit community feel. With its inviting atmosphere, residents enjoy a blend of rural charm and necessary conveniences. The town is known for its local events, friendly neighbors, and beautiful outdoor spaces.

Current Market Conditions 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.

Home Value Estimator For Faison, NC

There are currently 1,365 real estate properties in Faison, NC, with a median automated valuation model (AVM) price of $143,352.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Faison, 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 Faison, NC, is $214,593.00, with the most expensive house in Faison, NC, topping out at $9,060,614.00 and the cheapest home in Faison, NC, clocking in at $10,328.00. In other words, there’s something for every potential homebuyer or savvy investor in Faison, NC!

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.

Faison, NC Bankruptcy Homes

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