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Foreclosure Homes in Forest City, NC 28043

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Forest City, NC Foreclosures

How much do homes sell for in Forest City, NC?
The average home price is currently $241,096.
In Forest City, NC, how many homes are available?
There are currently 29 active home listings available in Forest City.
What’s the average rental cost in Forest City, NC?
The average rental price in Forest City is $942.
What is the most expensive home in Forest City?
The most expensive home sold in Forest City had a price of $21,268,582.
What is currently the cheapest priced home in Forest City, NC?
The cheapest home for sale in Forest City is priced at $6,426.

Living in Forest City, NC

Forest City, NC is a delightful small town nestled in the foothills of the Blue Ridge Mountains, offering a peaceful lifestyle with easy access to outdoor activities and a strong community spirit. Home to beautiful parks and a vibrant downtown area, it combines rural charm with modern convenience. With schools, local shops, and friendly neighbors, Forest City is perfect for families and retirees alike.

Current Market Conditions in Forest City, NC

The Forest City real estate market has shown steady growth over the past year. Home values have increased by an average of 5% as demand for housing in this charming town rises. Buyers are attracted to its affordable prices compared to nearby urban areas, driving interest in the local housing market.

Recently, there has been a surge in first-time homebuyers taking interest in Forest City due to its appealing prices and family-friendly environment. The market is characterized by a mix of historic homes and new developments, providing options for various buyer preferences.

Home Value Estimator For Forest City, NC

There are currently 7,109 real estate properties in Forest City, NC, with a median automated valuation model (AVM) price of $202,622.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Forest City, 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 Forest City, NC, is $241,096.00, with the most expensive house in Forest City, NC, topping out at $21,268,582.00 and the cheapest home in Forest City, NC, clocking in at $6,426.00. In other words, there’s something for every potential homebuyer or savvy investor in Forest City, NC!

Rent Prices In Forest City, NC

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Forest City, NC, is on a rollercoaster ride. The average rent price in Forest City, NC, is $942.00. Indeed, when looking to rent in Forest City, NC, you can expect to pay as little as $460.00 or as much as $3,380.00, with the average rent median estimated to be $890.00. The good news is that finding an affordable and desirable property to rent in Forest City, 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.

Forest City, NC 28043 Foreclosures

Market Trend for Forest City, NC

Total Listings Available: 29

Market Values:

Home Prices from $6,426 to $21,268,582

Average Sales Price: $241,096

Rental Values:

Rental from $460 to $3,380

Average Rent Value: $942 / month

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