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Foreclosures in Richfield, NC 28137

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Living in Richfield, NC

Richfield, NC, is a quaint town that offers a family-friendly environment, a strong sense of community, and access to beautiful outdoor spaces. With a variety of local amenities and a peaceful lifestyle, it serves as an excellent location for families and investors alike. The town's commitment to preserving its natural surroundings further enhances its charm.

Current Market Conditions in Richfield, NC

The real estate market in Richfield is currently experiencing a steady growth trend, with increased interest from first-time homebuyers and investors alike. Home prices are relatively affordable compared to nearby urban centers, providing excellent opportunities for investment.

With ongoing developments in local infrastructure and amenities, Richfield is becoming increasingly appealing, leading to a boost in property values and interest from potential buyers. Investors can capitalize on the growing demand by exploring residential and rental opportunities in the area.

Home Value Estimator For Richfield, NC

There are currently 1,267 real estate properties in Richfield, NC, with a median automated valuation model (AVM) price of $275,732.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Richfield, 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 Richfield, NC, is $336,057.00, with the most expensive house in Richfield, NC, topping out at $6,008,100.00 and the cheapest home in Richfield, NC, clocking in at $17,996.00. In other words, there’s something for every potential homebuyer or savvy investor in Richfield, NC!

Rent Prices In Richfield, NC

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Richfield, NC, is on a rollercoaster ride. The average rent price in Richfield, NC, is $1,025.00. Indeed, when looking to rent in Richfield, NC, you can expect to pay as little as $520.00 or as much as $2,120.00, with the average rent median estimated to be $1,000.00. The good news is that finding an affordable and desirable property to rent in Richfield, 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.

Richfield, NC 28137 Foreclosures


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