Magnolia, NC Foreclosures
How much do homes sell for in Magnolia, NC?
The average home price is currently $157,583.
In Magnolia, NC, how many homes are available?
There are currently 4 active home listings available in Magnolia.
What’s the average rental cost in Magnolia, NC?
The average rental price in Magnolia is $841.
What is the most expensive home in Magnolia?
The most expensive home sold in Magnolia had a price of $816,000.
What is currently the cheapest priced home in Magnolia, NC?
The cheapest home for sale in Magnolia is priced at $11,260.
Living in Magnolia, NC
Magnolia, NC is a quaint small town known for its friendly community and beautiful natural surroundings. With a relaxed pace of life, Magnolia offers charming downtown shops, local dining options, and family-friendly parks. Residents enjoy a close-knit atmosphere along with seasonal events that celebrate the town's rich history and community spirit.
Current Market Conditions in Magnolia, NC
The real estate market in Magnolia, NC has shown stability with a steady increase in property values over the past year. As the area grows in popularity due to its peaceful environment and affordable housing options, more buyers are showing interest in the market. Single-family homes are the most common type of property available, making it an attractive option for first-time buyers and families.
In recent months, Magnolia's market has experienced a slight uptick in inventory, which is beneficial for buyers looking to purchase homes. However, the demand remains strong, leading to competitive pricing in desirable neighborhoods. Overall, the current market is healthy for buyers and sellers, with a mix of opportunities available for a variety of budgets.
Home Value Estimator For Magnolia, NC
There are currently 622 real estate properties
in Magnolia, NC,
with a median automated valuation model (AVM) price
of $122,000.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Magnolia, 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 Magnolia, NC,
is $157,583.00, with the most expensive house
in Magnolia, NC, topping out
at $816,000.00 and the cheapest home
in Magnolia, NC,
clocking in at $11,260.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Magnolia, NC!
Rent Prices
In Magnolia, NC
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Magnolia, NC, is on
a rollercoaster ride. The
average rent price in Magnolia, NC,
is $841.00. Indeed, when looking to rent in
Magnolia, NC, you can expect to pay as little
as $540.00 or as much
as $1,720.00,
with the average rent median estimated to
be $820.00. The good news is that finding
an affordable and desirable property to rent in Magnolia, 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.
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