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Preforeclosure Homes in Norman, NC

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Living in Norman, NC

Nestled in North Carolina, Norman boasts a small-town charm with ample opportunities for outdoor activities. The community is characterized by friendly neighbors, beautiful landscapes, and a thriving local scene. With parks and charming downtown shops, it's a great place to settle down.

Current Market Conditions in Norman, NC

The real estate market in Norman, NC has been experiencing a steady increase in property values due to its increasing popularity among new residents looking for affordable housing options with quality amenities.

A noticeable trend has been the influx of families and individuals seeking larger homes with outdoor space, resulting in a competitive market where well-maintained properties are quickly snapped up.

Home Value Estimator For Norman, NC

There are currently 73 real estate properties in Norman, NC, with a median automated valuation model (AVM) price of $139,368.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Norman, 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 Norman, NC, is $168,868.00, with the most expensive house in Norman, NC, topping out at $1,144,264.00 and the cheapest home in Norman, NC, clocking in at $19,190.00. In other words, there’s something for every potential homebuyer or savvy investor in Norman, NC!

Rent Prices In Norman, NC

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Norman, NC, is on a rollercoaster ride. The average rent price in Norman, NC, is $806.00. Indeed, when looking to rent in Norman, NC, you can expect to pay as little as $560.00 or as much as $1,460.00, with the average rent median estimated to be $740.00. The good news is that finding an affordable and desirable property to rent in Norman, 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.

Norman, NC Preforeclosure Homes


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