Lumber Bridge, NC Foreclosures
How much do homes sell for in Lumber Bridge, NC?
The average home price is currently $204,044.
In Lumber Bridge, NC, how many homes are available?
There are currently 7 active home listings available in Lumber Bridge.
What’s the average rental cost in Lumber Bridge, NC?
The average rental price in Lumber Bridge is $943.
What is the most expensive home in Lumber Bridge?
The most expensive home sold in Lumber Bridge had a price of $786,692.
What is currently the cheapest priced home in Lumber Bridge, NC?
The cheapest home for sale in Lumber Bridge is priced at $9,863.
Living in Lumber Bridge, NC
Lumber Bridge is a small town located in Robeson County, North Carolina. Known for its close-knit community and rural charm, Lumber Bridge offers a peaceful lifestyle with access to nearby amenities. The town's location provides residents with a mix of tranquility and convenience, with local shops and schools within easy reach.
Current Market Conditions in Lumber Bridge, NC
The real estate market in Lumber Bridge, NC is currently characterized by a stable demand for properties, particularly among families and retirees seeking affordable housing. Prices have remained consistent, making it an attractive option for first-time homebuyers and those looking to invest in rental properties due to its affordability and potential for appreciation.
Recent trends indicate a gradual increase in interest for homes in Lumber Bridge as more individuals seek out rural living. Given the current economic situation, many are pivoting towards smaller towns which can offer a slower pace of life and lower living costs. This shift contributes to a more competitive market.
There's ongoing development and improvement in infrastructure and amenities in Lumber Bridge, which may attract additional buyers in the coming years, helping to sustain market interest.
Home Value Estimator For Lumber Bridge, NC
There are currently 613 real estate properties
in Lumber Bridge, NC,
with a median automated valuation model (AVM) price
of $179,753.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Lumber Bridge, 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 Lumber Bridge, NC,
is $204,044.00, with the most expensive house
in Lumber Bridge, NC, topping out
at $786,692.00 and the cheapest home
in Lumber Bridge, NC,
clocking in at $9,863.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Lumber Bridge, NC!
Rent Prices
In Lumber Bridge, NC
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Lumber Bridge, NC, is on
a rollercoaster ride. The
average rent price in Lumber Bridge, NC,
is $943.00. Indeed, when looking to rent in
Lumber Bridge, NC, you can expect to pay as little
as $550.00 or as much
as $1,800.00,
with the average rent median estimated to
be $900.00. The good news is that finding
an affordable and desirable property to rent in Lumber Bridge, 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
