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Preforeclosure Homes in New Bern, NC 28562

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Living in New Bern, NC

New Bern, NC, is a charming city rich in history and culture, nestled at the confluence of the Neuse and Trent Rivers. Known for its welcoming community and vibrant downtown featuring shops and restaurants, it offers ample outdoor recreational activities. With a variety of highly-rated schools, New Bern is an ideal location for families and individuals alike.

Current Market Conditions in New Bern, NC

The real estate market in New Bern has shown steady growth over the last year, with an increase in home values and a competitive market attracting both buyers and investors. The coastal location combined with historical charm and modern amenities makes New Bern a desirable area for new residents and those looking for a vacation home.

In the past month, real estate activity has surged as potential homebuyers seek properties in New Bern, leading to quicker sales and increased interest in historic homes and waterfront properties. The demand is high, as buyers appreciate the city's mix of history, culture, and recreational activities.

Home Value Estimator For New Bern, NC

There are currently 19,768 real estate properties in New Bern, NC, with a median automated valuation model (AVM) price of $262,383.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in New Bern, 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 New Bern, NC, is $295,353.00, with the most expensive house in New Bern, NC, topping out at $6,805,703.00 and the cheapest home in New Bern, NC, clocking in at $9,411.00. In other words, there’s something for every potential homebuyer or savvy investor in New Bern, NC!

Rent Prices In New Bern, NC

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in New Bern, NC, is on a rollercoaster ride. The average rent price in New Bern, NC, is $1,098.00. Indeed, when looking to rent in New Bern, NC, you can expect to pay as little as $500.00 or as much as $3,700.00, with the average rent median estimated to be $1,030.00. The good news is that finding an affordable and desirable property to rent in New Bern, 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.

New Bern, NC 28562 Preforeclosure Homes


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