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Foreclosure Homes in Lenoir, NC

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Lenoir, NC Foreclosures

How much do homes sell for in Lenoir, NC?
The average home price is currently $262,035.
In Lenoir, NC, how many homes are available?
There are currently 67 active home listings available in Lenoir.
What’s the average rental cost in Lenoir, NC?
The average rental price in Lenoir is $1,067.
What is the most expensive home in Lenoir?
The most expensive home sold in Lenoir had a price of $68,499,256.
What is currently the cheapest priced home in Lenoir, NC?
The cheapest home for sale in Lenoir is priced at $8,000.

Living in Lenoir, NC

Lenoir, NC is a charming town located in the foothills of the Blue Ridge Mountains, offering a blend of natural beauty and community spirit. With its affordable cost of living and vibrant downtown, residents enjoy a variety of local shops, restaurants, and cultural events. Outdoor activities abound, making Lenoir an ideal place for families and nature lovers alike.

Current Market Conditions in Lenoir, NC

The real estate market in Lenoir, NC is currently favorable for buyers, with a stable increase in property values over the past few years. The area has seen an influx of families and retirees relocating from larger urban settings, contributing to a competitive yet affordable housing market. Empty nesters and first-time homebuyers alike find Lenoir appealing due to its charming neighborhoods and accessible amenities.

Luxury homes are still a rarity, ensuring that most options remain within the reach of average buyers. Overall, the market conditions indicate a steady growth trend, making it an opportune time for investment in Lenoir real estate.

Home Value Estimator For Lenoir, NC

There are currently 20,457 real estate properties in Lenoir, NC, with a median automated valuation model (AVM) price of $211,533.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lenoir, 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 Lenoir, NC, is $262,035.00, with the most expensive house in Lenoir, NC, topping out at $68,499,256.00 and the cheapest home in Lenoir, NC, clocking in at $8,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Lenoir, NC!

Rent Prices In Lenoir, NC

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lenoir, NC, is on a rollercoaster ride. The average rent price in Lenoir, NC, is $1,067.00. Indeed, when looking to rent in Lenoir, NC, you can expect to pay as little as $460.00 or as much as $2,700.00, with the average rent median estimated to be $1,010.00. The good news is that finding an affordable and desirable property to rent in Lenoir, 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.

Lenoir, NC Foreclosures


Market Trend for Lenoir, NC

Total Listings Available: 67

Market Values:

Home Prices from $8,000 to $68,499,256

Average Sales Price: $262,035

Rental Values:

Rental from $460 to $2,700

Average Rent Value: $1,067 / month

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