Rex, NC Foreclosures
How much do homes sell for in Rex, NC?
The average home price is currently $121,652.
In Rex, NC, how many homes are available?
There are currently 191 active home listings available in Rex.
What’s the average rental cost in Rex, NC?
The average rental price in Rex is $902.
What is the most expensive home in Rex?
The most expensive home sold in Rex had a price of $212,643.
What is currently the cheapest priced home in Rex, NC?
The cheapest home for sale in Rex is priced at $65,817.
Living in Rex, NC
Rex, NC, is a charming rural community located in Nash County, offering a peaceful lifestyle with large home lots and close-knit neighborhood feel. It features local amenities and is near larger towns like Rocky Mount, providing easy access to additional resources and recreational activities. The area is perfect for families or anyone looking for a serene environment to call home.
Current Market Conditions in Rex, NC
The real estate market in Rex, NC, has shown steady growth over the past few years, with homeowners and investors drawn to the area's charm and affordability. Demand for homes has been on the rise, as many people are looking to escape the congestion of bigger cities in favor of a rural setting that offers great quality of life. Home prices are competitive, making it an attractive option for first-time buyers and those seeking investment properties.
Currently, the market remains favorable for sellers, with a lower inventory of homes available, leading to multiple offer situations and increased prices for well-kept properties. Additionally, the ongoing development in adjacent areas may continue to spur interest in Rex, leading to potential appreciation for homeowners.
Home Value Estimator For Rex, NC
There are currently 11 real estate properties
in Rex, NC,
with a median automated valuation model (AVM) price
of $100,100.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Rex, 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 Rex, NC,
is $121,652.00, with the most expensive house
in Rex, NC, topping out
at $212,643.00 and the cheapest home
in Rex, NC,
clocking in at $65,817.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Rex, NC!
Rent Prices
In Rex, NC
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Rex, NC, is on
a rollercoaster ride. The
average rent price in Rex, NC,
is $902.00. Indeed, when looking to rent in
Rex, NC, you can expect to pay as little
as $730.00 or as much
as $1,100.00,
with the average rent median estimated to
be $900.00. The good news is that finding
an affordable and desirable property to rent in Rex, 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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