Foreclosure Homes in Washington, NC 27889

Current Market Conditions in Washington, NC

The real estate market in Washington, NC is currently thriving, with a steady increase in home values driven by demand. Buyers are attracted to the city's appeal, resulting in a competitive market where homes are selling faster than in previous years.

Recent trends indicate a growing interest in waterfront properties, as residents seek serene living spaces that provide recreational opportunities. This has led to renovation and development in certain parts of the city, enhancing property values.

Rent Prices In Washington, NC

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Washington, NC, is on a rollercoaster ride. The average rent price in Washington, NC, is $1,114.00. Indeed, when looking to rent in Washington, NC, you can expect to pay as little as $500.00 or as much as $3,660.00, with the average rent median estimated to be $1,080.00. The good news is that finding an affordable and desirable property to rent in Washington, 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.