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Rent To Own Homes in Locust, NC 28001

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Locust, NC Foreclosures

How much do homes sell for in Locust, NC?
The average home price is currently $400,594.
In Locust, NC, how many homes are available?
There are currently 26 active home listings available in Locust.
What’s the average rental cost in Locust, NC?
The average rental price in Locust is $1,051.
What is the most expensive home in Locust?
The most expensive home sold in Locust had a price of $7,970,108.
What is currently the cheapest priced home in Locust, NC?
The cheapest home for sale in Locust is priced at $20,815.

Living in Locust, NC

Locust, North Carolina, is a charming small town located just east of Charlotte. Known for its family-friendly atmosphere, it boasts a strong sense of community with various local events and activities held throughout the year. Residents enjoy easy access to both urban amenities and outdoor recreational opportunities due to its proximity to parks and lakes.

Current Market Conditions in Locust, NC

In recent months, the market in Locust has seen increased interest, with home prices rising moderately due to higher demand and limited inventory. This trend seems to be supported by the area's appealing lifestyle and proximity to larger cities, attracting families and professionals seeking suburban living.

The average home in Locust is experiencing appreciation, indicating a stable market, yet prices remain affordable compared to nearby urban centers. The area continues to attract buyers from various demographics, reflecting a healthy balance between household income levels and housing availability.

Home Value Estimator For Locust, NC

There are currently 3,150 real estate properties in Locust, NC, with a median automated valuation model (AVM) price of $367,884.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Locust, 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 Locust, NC, is $400,594.00, with the most expensive house in Locust, NC, topping out at $7,970,108.00 and the cheapest home in Locust, NC, clocking in at $20,815.00. In other words, there’s something for every potential homebuyer or savvy investor in Locust, NC!

Rent Prices In Locust, NC

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Locust, NC, is on a rollercoaster ride. The average rent price in Locust, NC, is $1,051.00. Indeed, when looking to rent in Locust, NC, you can expect to pay as little as $550.00 or as much as $2,530.00, with the average rent median estimated to be $1,020.00. The good news is that finding an affordable and desirable property to rent in Locust, 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.

Locust, NC 28001 Rent To Own Homes


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