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Foreclosure Homes in Speed, NC

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Speed, NC Foreclosures

How much do homes sell for in Speed, NC?
The average home price is currently $46,434.
In Speed, NC, how many homes are available?
There are currently 131 active home listings available in Speed.
What’s the average rental cost in Speed, NC?
The average rental price in Speed is $746.
What is the most expensive home in Speed?
The most expensive home sold in Speed had a price of $160,547.
What is currently the cheapest priced home in Speed, NC?
The cheapest home for sale in Speed is priced at $5,853.

Living in Speed, NC

Speed, NC, is a serene rural community ideal for families seeking a peaceful lifestyle. With a friendly atmosphere and basic amenities within reach, it serves as a great base for those who appreciate the quiet while still being close to larger towns like Wilson and Nashville. Outdoor activities and strong community ties enhance the living experience in this charming locale.

Current Market Conditions in Speed, NC

The current real estate market in Speed is experiencing a notable rise in demand, driven mainly by families relocating from urban centers seeking a quieter lifestyle. Home prices have seen a steady increase as new developments emerge and the area gains popularity among homebuyers looking for more affordable options compared to nearby cities.

Vacancy rates remain low, indicating a strong demand for housing as more people discover the charm of Speed. This trend makes it a favorable time for sellers, while buyers may need to act quickly in order to secure listings.

Home Value Estimator For Speed, NC

There are currently 17 real estate properties in Speed, NC, with a median automated valuation model (AVM) price of $20,577.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Speed, 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 Speed, NC, is $46,434.00, with the most expensive house in Speed, NC, topping out at $160,547.00 and the cheapest home in Speed, NC, clocking in at $5,853.00. In other words, there’s something for every potential homebuyer or savvy investor in Speed, NC!

Rent Prices In Speed, NC

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Speed, NC, is on a rollercoaster ride. The average rent price in Speed, NC, is $746.00. Indeed, when looking to rent in Speed, NC, you can expect to pay as little as $550.00 or as much as $910.00, with the average rent median estimated to be $750.00. The good news is that finding an affordable and desirable property to rent in Speed, 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.

Speed, NC Foreclosures

Market Trend for Speed, NC

Total Listings Available: 131

Market Values:

Home Prices from $5,853 to $160,547

Average Sales Price: $46,434

Rental Values:

Rental from $550 to $910

Average Rent Value: $746 / month

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