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Rent To Own 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 $263,207.
In Lenoir, NC, how many homes are available?
There are currently 39 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 $67,930,532.
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, nestled in the foothills of the Blue Ridge Mountains in North Carolina, offers a blend of small-town charm and outdoor recreational activities. Known for its vibrant community, Lenoir boasts a rich history and access to beautiful natural landscapes. With amenities that cater to a comfortable lifestyle, Lenoir is the perfect place for families and outdoor enthusiasts alike.

Current Market Conditions in Lenoir, NC

The real estate market in Lenoir has shown steady growth over the past year, with a notable increase in both home prices and the number of sales. Many buyers are attracted to the area's affordability compared to neighboring towns, as well as the beautiful natural surroundings and community-oriented lifestyle.

Recent trends indicate a demand for single-family homes, particularly those with outdoor space, as families seek more room for activities in the wake of the COVID-19 pandemic.

Home Value Estimator For Lenoir, NC

There are currently 20,453 real estate properties in Lenoir, NC, with a median automated valuation model (AVM) price of $212,388.00. 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 $263,207.00, with the most expensive house in Lenoir, NC, topping out at $67,930,532.00 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 Rent To Own Homes

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