Hamlet, NC Foreclosures
How much do homes sell for in Hamlet, NC?
The average home price is currently $161,830.
In Hamlet, NC, how many homes are available?
There are currently 30 active home listings available in Hamlet.
What’s the average rental cost in Hamlet, NC?
The average rental price in Hamlet is $814.
What is the most expensive home in Hamlet?
The most expensive home sold in Hamlet had a price of $13,355,544.
What is currently the cheapest priced home in Hamlet, NC?
The cheapest home for sale in Hamlet is priced at $5,385.
Living in Hamlet, NC
Hamlet, located in Richmond County, North Carolina, offers a small-town charm with a welcoming community spirit. Known for its historic downtown and friendly atmosphere, Hamlet is surrounded by picturesque landscapes, providing residents with a peaceful lifestyle. With convenient access to larger cities and a mix of recreational options, it appeals to families and retirees alike.
Current Market Conditions in Hamlet, NC
The real estate market in Hamlet, NC, has been experiencing a gradual increase in activity over the last year. This uptick is being driven by first-time home buyers attracted to the affordability and community feel of the area. Homes here, typically positioned between $150,000 and $250,000, are becoming sought after, as many individuals and families prefer the charm of small-town living.
In the past month, Hamlet's market has shown signs of stabilization, with a steady flow of new listings and sales. Buyers are finding the market to be competitive, but still within reach, especially for those looking for starter homes. Interest rates have slightly fluctuated but remain manageable, keeping affordability high within the local sector.
Home Value Estimator For Hamlet, NC
There are currently 3,477 real estate properties
in Hamlet, NC,
with a median automated valuation model (AVM) price
of $133,463.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Hamlet, 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 Hamlet, NC,
is $161,830.00, with the most expensive house
in Hamlet, NC, topping out
at $13,355,544.00 and the cheapest home
in Hamlet, NC,
clocking in at $5,385.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Hamlet, NC!
Rent Prices
In Hamlet, NC
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Hamlet, NC, is on
a rollercoaster ride. The
average rent price in Hamlet, NC,
is $814.00. Indeed, when looking to rent in
Hamlet, NC, you can expect to pay as little
as $420.00 or as much
as $1,820.00,
with the average rent median estimated to
be $790.00. The good news is that finding
an affordable and desirable property to rent in Hamlet, 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.
Learn more on Foreclosure homes
