Orrum, NC Foreclosures
How much do homes sell for in Orrum, NC?
The average home price is currently $139,720.
What’s the average rental cost in Orrum, NC?
The average rental price in Orrum is $881.
What is the most expensive home in Orrum?
The most expensive home sold in Orrum had a price of $760,409.
What is currently the cheapest priced home in Orrum, NC?
The cheapest home for sale in Orrum is priced at $11,587.
Living in Orrum, NC
Orrum, NC is a quaint and peaceful community that offers a rural lifestyle. Located in Robeson County, this charming town is perfect for those seeking tranquility while still having access to urban conveniences. With local schools and amenities just a short drive away, Orrum is an ideal place for families and individuals alike.
Current Market Conditions in Orrum, NC
The real estate market in Orrum, NC, is currently stable, with a mix of affordable homes and an increasing demand for country living. Buyers are taking advantage of low-interest rates, leading to a competitive but manageable market. Homes generally have a modest appreciation in value, making it a smart option for both first-time homebuyers and real estate investors looking for a stable market.
Interest in rural properties has surged, reflecting a trend where more buyers are seeking homes with larger lots and access to nature. This has positively impacted the market conditions, leading to more listings being snapped up quickly.
Home Value Estimator For Orrum, NC
There are currently 459 real estate properties
in Orrum, NC,
with a median automated valuation model (AVM) price
of $124,331.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Orrum, 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 Orrum, NC,
is $139,720.00, with the most expensive house
in Orrum, NC, topping out
at $760,409.00 and the cheapest home
in Orrum, NC,
clocking in at $11,587.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Orrum, NC!
Rent Prices
In Orrum, NC
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Orrum, NC, is on
a rollercoaster ride. The
average rent price in Orrum, NC,
is $881.00. Indeed, when looking to rent in
Orrum, NC, you can expect to pay as little
as $500.00 or as much
as $1,520.00,
with the average rent median estimated to
be $850.00. The good news is that finding
an affordable and desirable property to rent in Orrum, 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.
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