Speed, NC Foreclosures
How much do homes sell for in Speed, NC?
The average home price is currently $57,476.
In Speed, NC, how many homes are available?
There are currently 140 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 $214,694.
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 tranquil rural community known for its scenic views and friendly atmosphere. The town offers easy access to nearby amenities while maintaining a peaceful, country lifestyle. It's an ideal location for those seeking a slower pace of life in beautiful surroundings.
Current Market Conditions in Speed, NC
The real estate market in Speed, NC, has shown steady growth over the past several months. Home prices have been gradually increasing as demand for more rural settings rises, particularly post-pandemic. Buyers are seeking affordable options with ample outdoor space, making areas like Speed increasingly attractive.
Current trends suggest a competitive market with low inventory, leading to quicker sales and potential bidding wars for well-priced homes. The town’s rural charm, combined with an affordable price point compared to urban areas, has drawn interest from families and retirees.
Home Value Estimator For Speed, NC
There are currently 18 real estate properties
in Speed, NC,
with a median automated valuation model (AVM) price
of $21,753.00. 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 $57,476.00, with the most expensive house
in Speed, NC, topping out
at $214,694.00 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.
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