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Preforeclosure Homes in Terrell, NC

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Living in Terrell, NC

Terrell, NC, is a picturesque waterfront community on Lake Norman, offering a blend of outdoor activities, local amenities, and a welcoming atmosphere. Families appreciate the area's good schools and recreational opportunities, while the stunning natural surroundings provide a relaxing lifestyle.

Current Market Conditions in Terrell, NC

The real estate market in Terrell, NC, has seen steady growth in the past few years, driven by its desirable waterfront properties and peaceful community atmosphere. Prices for homes have been appreciating, making this an opportune time for investment while the market remains relatively affordable compared to larger metropolitan areas.

An increase in demand for vacation homes and investments in second properties near Lake Norman have also contributed to an optimistic outlook for property values. This trend presents a favorable landscape for real estate investors looking to capitalize on the area's charm and appeal.

Home Value Estimator For Terrell, NC

There are currently 1,230 real estate properties in Terrell, NC, with a median automated valuation model (AVM) price of $480,700.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Terrell, 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 Terrell, NC, is $741,487.00, with the most expensive house in Terrell, NC, topping out at $9,843,929.00 and the cheapest home in Terrell, NC, clocking in at $13,980.00. In other words, there’s something for every potential homebuyer or savvy investor in Terrell, NC!

Rent Prices In Terrell, NC

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Terrell, NC, is on a rollercoaster ride. The average rent price in Terrell, NC, is $1,514.00. Indeed, when looking to rent in Terrell, NC, you can expect to pay as little as $560.00 or as much as $2,760.00, with the average rent median estimated to be $1,550.00. The good news is that finding an affordable and desirable property to rent in Terrell, 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.

Terrell, NC Preforeclosure Homes


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