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Foreclosure Homes in Red Springs, NC

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Red Springs, NC Foreclosures

How much do homes sell for in Red Springs, NC?
The average home price is currently $145,181.
In Red Springs, NC, how many homes are available?
There are currently 18 active home listings available in Red Springs.
What’s the average rental cost in Red Springs, NC?
The average rental price in Red Springs is $832.
What is the most expensive home in Red Springs?
The most expensive home sold in Red Springs had a price of $6,398,242.
What is currently the cheapest priced home in Red Springs, NC?
The cheapest home for sale in Red Springs is priced at $8,093.

Living in Red Springs, NC

Red Springs is a small town in North Carolina characterized by its rich history and small-town charm. With a population of just under 3,000, it offers a tight-knit community atmosphere, making it a wonderful place for families. Residents enjoy a slower pace of life while being within a reasonable distance from larger cities, enhancing the accessibility to urban amenities.

Current Market Conditions in Red Springs, NC

The real estate market in Red Springs is currently stable, with average home prices showing modest growth over the past six months. The demand for housing has been consistent, driven by buyers looking for affordable options in a community-oriented environment.

There has been a notable increase in interest in Red Springs from first-time homebuyers and retirees seeking a peaceful lifestyle. The town offers a mix of older homes and new constructions, creating a diverse range of choices for potential investors.

Home Value Estimator For Red Springs, NC

There are currently 2,606 real estate properties in Red Springs, NC, with a median automated valuation model (AVM) price of $117,943.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Red Springs, 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 Red Springs, NC, is $145,181.00, with the most expensive house in Red Springs, NC, topping out at $6,398,242.00 and the cheapest home in Red Springs, NC, clocking in at $8,093.00. In other words, there’s something for every potential homebuyer or savvy investor in Red Springs, NC!

Rent Prices In Red Springs, NC

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Red Springs, NC, is on a rollercoaster ride. The average rent price in Red Springs, NC, is $832.00. Indeed, when looking to rent in Red Springs, NC, you can expect to pay as little as $430.00 or as much as $1,910.00, with the average rent median estimated to be $800.00. The good news is that finding an affordable and desirable property to rent in Red Springs, 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.

Red Springs, NC Foreclosures


Market Trend for Red Springs, NC

Total Listings Available: 18

Market Values:

Home Prices from $8,093 to $6,398,242

Average Sales Price: $145,181

Rental Values:

Rental from $430 to $1,910

Average Rent Value: $832 / month

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