Speed, NC Foreclosures
How much do homes sell for in Speed, NC?
The average home price is currently $47,023.
In Speed, NC, how many homes are available?
There are currently 149 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 $153,033.
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 quaint town that offers a serene living environment with close-knit community vibes. Outdoor enthusiasts will thrive here with multiple activities available, while still being conveniently located near larger cities for additional amenities.
Current Market Conditions in Speed, NC
The real estate market in Speed, NC, is currently experiencing a steady rise in home prices due to its appealing rural lifestyle and proximity to urban amenities. More families and individuals are seeking homes in such tranquil areas, leading to increased competition and demand for listings.
With limited inventory available in the area, sellers are finding it beneficial as homes are selling quickly, often above listing price. As interest rates fluctuate, buyers are becoming more cautious, yet the demand for homes remains strong.
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 $20,540.00. 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 $47,023.00, with the most expensive house
in Speed, NC, topping out
at $153,033.00 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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