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Short Sale Listings in Wanchese, NC 27981

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Wanchese, NC Foreclosures

How much do homes sell for in Wanchese, NC?
The average home price is currently $522,141.
What’s the average rental cost in Wanchese, NC?
The average rental price in Wanchese is $1,555.
What is the most expensive home in Wanchese?
The most expensive home sold in Wanchese had a price of $3,501,329.
What is currently the cheapest priced home in Wanchese, NC?
The cheapest home for sale in Wanchese is priced at $43,299.

Living in Wanchese, NC

Wanchese, NC, is a charming fishing village on Roanoke Island known for its vibrant maritime culture and stunning coastal views. With access to beautiful parks, local seafood markets, and a friendly community, Wanchese offers a relaxed lifestyle surrounded by nature. Residents enjoy outdoor activities such as fishing, boating, and exploring the scenic beauty of the Outer Banks.

Current Market Conditions in Wanchese, NC

The real estate market in Wanchese has shown steady growth over the past year, with increasing interest from buyers looking for vacation homes and permanent residences alike. The coastal charm and tranquility attract many who wish to escape the hustle and bustle of urban living. As demand rises, home prices have begun to stabilize, making it a favorable market for both buyers and sellers alike.

Due to its unique location, Wanchese has experienced a surge in short-term rental opportunities, particularly during the tourist season. This trend is encouraging many property owners to invest in their homes to cater to vacationers, thereby driving property value appreciation.

Home Value Estimator For Wanchese, NC

There are currently 1,259 real estate properties in Wanchese, NC, with a median automated valuation model (AVM) price of $412,500.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Wanchese, 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 Wanchese, NC, is $522,141.00, with the most expensive house in Wanchese, NC, topping out at $3,501,329.00 and the cheapest home in Wanchese, NC, clocking in at $43,299.00. In other words, there’s something for every potential homebuyer or savvy investor in Wanchese, NC!

Rent Prices In Wanchese, NC

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Wanchese, NC, is on a rollercoaster ride. The average rent price in Wanchese, NC, is $1,555.00. Indeed, when looking to rent in Wanchese, NC, you can expect to pay as little as $570.00 or as much as $4,060.00, with the average rent median estimated to be $1,430.00. The good news is that finding an affordable and desirable property to rent in Wanchese, 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.

Wanchese, NC 27981 Short Sale Listings

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