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Preforeclosure Homes in Mayodan, NC

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Mayodan, NC Foreclosures

How much do homes sell for in Mayodan, NC?
The average home price is currently $184,547.
In Mayodan, NC, how many homes are available?
There are currently 7 active home listings available in Mayodan.
What’s the average rental cost in Mayodan, NC?
The average rental price in Mayodan is $797.
What is the most expensive home in Mayodan?
The most expensive home sold in Mayodan had a price of $9,029,805.
What is currently the cheapest priced home in Mayodan, NC?
The cheapest home for sale in Mayodan is priced at $10,690.

Living in Mayodan, NC

Mayodan, NC, is a quaint and welcoming town with a strong sense of community. With a variety of parks and outdoor activities available, residents can enjoy nature while remaining close to urban amenities. The local schools and community events create a vibrant atmosphere that makes Mayodan an ideal place to call home.

Current Market Conditions in Mayodan, NC

The real estate market in Mayodan is currently experiencing steady growth, with an increase in demand for housing. This trend is partly due to the town's affordable living costs, making it attractive to young families and retirees alike. Positioning itself as a quaint alternative to the nearby larger cities has played a significant role in its appeal.

Active listings in the area show that homes are selling quickly, often receiving multiple offers. The average time on the market has decreased over the past few months, indicating a strong buyer preference for Mayodan.

Rentals are also seeing a boost as more people seek affordable options in pleasant communities, leading to a balanced rental market that favors both buyers and renters.

Home Value Estimator For Mayodan, NC

There are currently 1,989 real estate properties in Mayodan, NC, with a median automated valuation model (AVM) price of $147,700.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Mayodan, 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 Mayodan, NC, is $184,547.00, with the most expensive house in Mayodan, NC, topping out at $9,029,805.00 and the cheapest home in Mayodan, NC, clocking in at $10,690.00. In other words, there’s something for every potential homebuyer or savvy investor in Mayodan, NC!

Rent Prices In Mayodan, NC

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Mayodan, NC, is on a rollercoaster ride. The average rent price in Mayodan, NC, is $797.00. Indeed, when looking to rent in Mayodan, NC, you can expect to pay as little as $460.00 or as much as $2,060.00, with the average rent median estimated to be $750.00. The good news is that finding an affordable and desirable property to rent in Mayodan, 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.

Mayodan, NC Preforeclosure Homes


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