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Foreclosures in Roanoke Rapids, NC 27870

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Living in Roanoke Rapids, NC

Roanoke Rapids, NC is a serene city known for its community spirit and natural beauty. The city offers various outdoor activities, quality educational institutions, and a welcoming atmosphere, making it an attractive location for families and investors alike. With its rich history and vibrant lifestyle, Roanoke Rapids is not just a place to live, but a place to thrive.

Current Market Conditions in Roanoke Rapids, NC

The real estate market in Roanoke Rapids is currently stable, with home prices reflecting the affordability of the area. Investment opportunities are promising as the demand for housing remains steady, driven by attractive living conditions and access to local amenities.

Trends indicate a slow but consistent appreciation in property values over the past few years, making it an opportune time for investors looking to acquire properties in a burgeoning market. The combination of affordable housing and community-driven growth presents a manageable risk for potential real estate investors.

Home Value Estimator For Roanoke Rapids, NC

There are currently 7,601 real estate properties in Roanoke Rapids, NC, with a median automated valuation model (AVM) price of $118,788.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Roanoke Rapids, 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 Roanoke Rapids, NC, is $148,534.00, with the most expensive house in Roanoke Rapids, NC, topping out at $6,994,689.00 and the cheapest home in Roanoke Rapids, NC, clocking in at $6,567.00. In other words, there’s something for every potential homebuyer or savvy investor in Roanoke Rapids, NC!

Rent Prices In Roanoke Rapids, NC

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Roanoke Rapids, NC, is on a rollercoaster ride. The average rent price in Roanoke Rapids, NC, is $871.00. Indeed, when looking to rent in Roanoke Rapids, NC, you can expect to pay as little as $450.00 or as much as $2,250.00, with the average rent median estimated to be $830.00. The good news is that finding an affordable and desirable property to rent in Roanoke Rapids, 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.

Roanoke Rapids, NC 27870 Foreclosures


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