Living in Scranton, NC
Scranton, NC, is a quaint town characterized by a close-knit community and beautiful natural surroundings. With access to outdoor activities, schools, and essential amenities, it offers a serene lifestyle ideal for families. The friendly atmosphere and peaceful environment make Scranton a perfect place to call home.
Current Market Conditions in Scranton, NC
The real estate market in Scranton has shown steady growth over the past year, with a slight increase in home prices as more families seek to relocate to this peaceful area. The demand for single-family homes has increased, and homes here are typically well-maintained and attractively priced compared to nearby larger towns.
Currently, the market is competitive, with homes selling relatively quickly, especially those under $300,000. New listings often receive multiple offers, indicating positive momentum in the housing sector.
Home Value Estimator For Scranton, NC
There are currently 167 real estate properties
in Scranton, NC,
with a median automated valuation model (AVM) price
of $158,729.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Scranton, 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 Scranton, NC,
is $218,527.00, with the most expensive house
in Scranton, NC, topping out
at $1,299,446.00 and the cheapest home
in Scranton, NC,
clocking in at $18,439.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Scranton, NC!
Rent Prices
In Scranton, NC
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Scranton, NC, is on
a rollercoaster ride. The
average rent price in Scranton, NC,
is $991.00. Indeed, when looking to rent in
Scranton, NC, you can expect to pay as little
as $580.00 or as much
as $2,250.00,
with the average rent median estimated to
be $950.00. The good news is that finding
an affordable and desirable property to rent in Scranton, 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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