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Foreclosures in Locust, NC

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Locust, NC Foreclosures

How much do homes sell for in Locust, NC?
The average home price is currently $403,163.
In Locust, NC, how many homes are available?
There are currently 7 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 $7,903,834.
What is currently the cheapest priced home in Locust, NC?
The cheapest home for sale in Locust is priced at $20,566.

Living in Locust, NC

Locust, NC is a charming suburban community located within Stanly County, known for its friendly atmosphere and small-town feel. The area features a variety of parks and recreational opportunities, making it an ideal place for families and outdoor enthusiasts. Residents enjoy a growing array of amenities and convenient access to larger urban centers while maintaining a peaceful lifestyle.

Current Market Conditions in Locust, NC

The local real estate market in Locust has been steadily growing, with an increase in home values due to the area's desirable attributes and community growth. Buyers are attracted to its affordability compared to surrounding areas, offering a mix of single-family homes and new developments.

Many homes in Locust are selling quickly, and inventory remains low as demand continues to rise. The community's appeal includes its recreational spaces, schools, and access to larger urban centers.

Home Value Estimator For Locust, NC

There are currently 3,156 real estate properties in Locust, NC, with a median automated valuation model (AVM) price of $363,667.00. 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 $403,163.00, with the most expensive house in Locust, NC, topping out at $7,903,834.00 and the cheapest home in Locust, NC, clocking in at $20,566.00. 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 Foreclosures


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