Lowgap, NC Foreclosures
How much do homes sell for in Lowgap, NC?
The average home price is currently $216,317.
In Lowgap, NC, how many homes are available?
There are currently 6 active home listings available in Lowgap.
What’s the average rental cost in Lowgap, NC?
The average rental price in Lowgap is $924.
What is the most expensive home in Lowgap?
The most expensive home sold in Lowgap had a price of $1,330,737.
What is currently the cheapest priced home in Lowgap, NC?
The cheapest home for sale in Lowgap is priced at $18,281.
Living in Lowgap, NC
Lowgap, North Carolina is a charming rural community nestled in the scenic foothills of the Blue Ridge Mountains. Known for its friendly atmosphere and tight-knit community, it offers a peaceful lifestyle away from the hustle of urban centers. With a mix of farmland and residential areas, Lowgap provides ample opportunities for outdoor activities and enjoying nature.
Current Market Conditions in Lowgap, NC
The real estate market in Lowgap, NC currently reflects a balanced environment with increasing buyer interest, particularly for single-family homes. The rural charm, combined with affordability compared to urban areas, attracts families and retirees looking for a peaceful setting. Recent developments also indicate a growing trend in vacation home purchases as more people seek second homes in tranquil areas.
Buyer competition has prompted a gradual increase in home prices, yet Lowgap remains an appealing option because of its relatively lower property costs compared to surrounding regions. As interest in rural living becomes more popular, Lowgap's market is expected to continue its slow but steady appreciation.
Home Value Estimator For Lowgap, NC
There are currently 818 real estate properties
in Lowgap, NC,
with a median automated valuation model (AVM) price
of $187,749.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Lowgap, 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 Lowgap, NC,
is $216,317.00, with the most expensive house
in Lowgap, NC, topping out
at $1,330,737.00 and the cheapest home
in Lowgap, NC,
clocking in at $18,281.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Lowgap, NC!
Rent Prices
In Lowgap, NC
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Lowgap, NC, is on
a rollercoaster ride. The
average rent price in Lowgap, NC,
is $924.00. Indeed, when looking to rent in
Lowgap, NC, you can expect to pay as little
as $460.00 or as much
as $2,100.00,
with the average rent median estimated to
be $870.00. The good news is that finding
an affordable and desirable property to rent in Lowgap, 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
