Foreclosures in Matthews, NC

Current Market Conditions in Matthews, NC

The real estate market in Matthews has shown consistent growth over the past several years, with a high demand for homes driven by the town's desirable location and community amenities. New construction and redevelopment in the area have provided a variety of housing options, appealing to a wide range of buyers.

This town is experiencing a strong sellers' market, characterized by limited inventory and competitive offers on homes. Buyers are often faced with multiple bid situations, making it crucial for them to be prepared and act quickly when they find a property they like. This trend suggests a continued rise in home prices, reflecting the healthy demand in the area.

Rent Prices In Matthews, NC

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Matthews, NC, is on a rollercoaster ride. The average rent price in Matthews, NC, is $1,696.00. Indeed, when looking to rent in Matthews, NC, you can expect to pay as little as $620.00 or as much as $4,000.00, with the average rent median estimated to be $1,590.00. The good news is that finding an affordable and desirable property to rent in Matthews, 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.