Living in Simpson, NC
Simpson, NC is a thriving suburb of Greenville offering a peaceful lifestyle combined with easy access to urban amenities. With excellent local schools and ample recreational opportunities, it's an ideal choice for families looking for a friendly community. The area boasts a variety of homes suitable for different budgets, encouraging a diverse population.
Current Market Conditions in Simpson, NC
The real estate market in Simpson is currently showing strong demand, with home prices steadily appreciating over the past year. Buyers are particularly drawn to the area due to its safety, school quality, and community engagement. Inventory levels remain low, creating a competitive market where homes often receive multiple offers, especially in sought-after neighborhoods.
As interest rates fluctuate, buyers are adjusting their strategies; many are looking for homes that may need minor renovations or updates, as these properties provide opportunities for value growth.
Home Value Estimator For Simpson, NC
There are currently 97 real estate properties
in Simpson, NC,
with a median automated valuation model (AVM) price
of $173,000.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Simpson, 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 Simpson, NC,
is $226,586.00, with the most expensive house
in Simpson, NC, topping out
at $1,173,000.00 and the cheapest home
in Simpson, NC,
clocking in at $25,402.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Simpson, NC!
Rent Prices
In Simpson, NC
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Simpson, NC, is on
a rollercoaster ride. The
average rent price in Simpson, NC,
is $1,141.00. Indeed, when looking to rent in
Simpson, NC, you can expect to pay as little
as $650.00 or as much
as $3,370.00,
with the average rent median estimated to
be $990.00. The good news is that finding
an affordable and desirable property to rent in Simpson, 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.