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Cheap Homes in Oak City, NC

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Oak City, NC Foreclosures

How much do homes sell for in Oak City, NC?
The average home price is currently $119,321.
In Oak City, NC, how many homes are available?
There are currently 3 active home listings available in Oak City.
What’s the average rental cost in Oak City, NC?
The average rental price in Oak City is $861.
What is the most expensive home in Oak City?
The most expensive home sold in Oak City had a price of $3,871,896.
What is currently the cheapest priced home in Oak City, NC?
The cheapest home for sale in Oak City is priced at $5,296.

Living in Oak City, NC

Oak City, NC is a tight-knit community with a friendly atmosphere and rural charm. Surrounded by beautiful landscapes, it provides residents with a peaceful environment while also being conveniently near larger urban areas. The town boasts a variety of local amenities and recreational activities, making it a great place to call home.

Current Market Conditions in Oak City, NC

The real estate market in Oak City is showing signs of stability with a slight increase in property values over the last few months. The demand for homes is steady, fueled by buyers looking for affordable options in a peaceful setting. New listings have been relatively balanced with sales, indicating a healthy market where homes are moving but not at an overwhelming pace.

Home Value Estimator For Oak City, NC

There are currently 901 real estate properties in Oak City, NC, with a median automated valuation model (AVM) price of $72,931.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Oak City, 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 Oak City, NC, is $119,321.00, with the most expensive house in Oak City, NC, topping out at $3,871,896.00 and the cheapest home in Oak City, NC, clocking in at $5,296.00. In other words, there’s something for every potential homebuyer or savvy investor in Oak City, NC!

Rent Prices In Oak City, NC

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Oak City, NC, is on a rollercoaster ride. The average rent price in Oak City, NC, is $861.00. Indeed, when looking to rent in Oak City, NC, you can expect to pay as little as $670.00 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 Oak City, 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.

Cheap Homes in Oak City, NC

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