Lenoir, NC Foreclosures
How much do homes sell for in Lenoir, NC?
The average home price is currently $273,725.
In Lenoir, NC, how many homes are available?
There are currently 1 active home listings available in Lenoir.
What’s the average rental cost in Lenoir, NC?
The average rental price in Lenoir is $1,068.
What is the most expensive home in Lenoir?
The most expensive home sold in Lenoir had a price of $67,773,076.
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 picturesque small town known for its beautiful mountains and tight-knit community. With a thriving downtown area, excellent outdoor recreational opportunities, and strong educational institutions, Lenoir is an ideal spot for those seeking a serene yet vibrant lifestyle. The local culture is rich, making it a desirable location for families and retirees.
Current Market Conditions in Lenoir, NC
The real estate market in Lenoir, NC, has shown steady growth over the past year. The demand for homes has increased as more people seek the tranquility of mountain living, leading to a competitive market. Home prices have seen a moderate rise, with families and retirees attracted to the affordability compared to larger urban areas.
Currently, properties in Lenoir are experiencing quick turnovers, with many homes receiving multiple offers within days of listing. The area is gaining popularity, particularly among out-of-state buyers, due to its scenic landscapes and lower cost of living.
Home Value Estimator For Lenoir, NC
There are currently 21,454 real estate properties
in Lenoir, NC,
with a median automated valuation model (AVM) price
of $214,145.00. 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 $273,725.00, with the most expensive house
in Lenoir, NC, topping out
at $67,773,076.00 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 $1,068.00. 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.
Learn more on Foreclosure homes
