Oakboro, NC Foreclosures
How much do homes sell for in Oakboro, NC?
The average home price is currently $351,898.
In Oakboro, NC, how many homes are available?
There are currently 3 active home listings available in Oakboro.
What’s the average rental cost in Oakboro, NC?
The average rental price in Oakboro is $1,068.
What is the most expensive home in Oakboro?
The most expensive home sold in Oakboro had a price of $5,871,341.
What is currently the cheapest priced home in Oakboro, NC?
The cheapest home for sale in Oakboro is priced at $15,991.
Living in Oakboro, NC
Oakboro, NC is a small, friendly town known for its peaceful living and strong community spirit. Nestled in nature, it offers various outdoor activities, local parks, and a charming downtown area. With its welcoming atmosphere and convenient access to urban amenities, Oakboro is ideal for families and retirees alike.
Current Market Conditions in Oakboro, NC
The real estate market in Oakboro, NC has shown steady growth over the past year, with an increase in home prices reflecting demand in the area. The small-town appeal, combined with proximity to larger cities, makes Oakboro attractive to potential buyers.
Currently, the market is favorable for sellers, as inventory remains low but demand is relatively high. Many homes are quickly snapped up, often above asking price, reflecting the urban flight trend as individuals seek more space and a quieter lifestyle.
Home Value Estimator For Oakboro, NC
There are currently 2,460 real estate properties
in Oakboro, NC,
with a median automated valuation model (AVM) price
of $314,889.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Oakboro, 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 Oakboro, NC,
is $351,898.00, with the most expensive house
in Oakboro, NC, topping out
at $5,871,341.00 and the cheapest home
in Oakboro, NC,
clocking in at $15,991.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Oakboro, NC!
Rent Prices
In Oakboro, NC
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Oakboro, NC, is on
a rollercoaster ride. The
average rent price in Oakboro, NC,
is $1,068.00. Indeed, when looking to rent in
Oakboro, NC, you can expect to pay as little
as $600.00 or as much
as $2,110.00,
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 Oakboro, 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.