There are currently 50 real estate properties in Bermuda Run, NC, with a median automated valuation model (AVM) price of $365,600.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Bermuda Run, 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 Bermuda Run, NC, is $405,088.00, with the most expensive house in Bermuda Run, NC, topping out at $1,220,100.00 and the cheapest home in Bermuda Run, NC, clocking in at $143,400.00. In other words, there’s something for every potential homebuyer or savvy investor in Bermuda Run, NC!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Bermuda Run, NC, is on a rollercoaster ride. The average rent price in Bermuda Run, NC, is $1,628.00. Indeed, when looking to rent in Bermuda Run, NC, you can expect to pay as little as $840.00 or as much as $2,620.00, with the average rent median estimated to be $1,610.00. The good news is that finding an affordable and desirable property to rent in Bermuda Run, 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.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Bermuda Run, NC area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Bermuda Run, NC and much more. Save thousands at closing with home foreclosure listings in Bermuda Run, NC — up to 75% off market value!
Bermuda Run is located in Davie, North Carolina, with an estimated municipal population of 2,709 residents. All of the best foreclosed homes for sale in Bermuda Run are located in the following zip code areas on Foreclosure.com: 27006. The estimated population per square kilometer (.62 miles) in Bermuda Run is 451.
So, about how much do homes cost in Bermuda Run? The most recent median value of resident-owned homes in Bermuda Run is 264,554. An estimated 86.4 percent of households in Bermuda Run own their homes, with an average family size of 2.94. The median household income in Bermuda Run is 83,049, with30.5 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Bermuda Run, the median commute time of resident workers (in minutes) is 21.3.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Bermuda Run, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Bermuda Run is 55.6, split between 42.2 percent male versus 57.8 female. The percentage of residents who report being married in Bermuda Run is 62.7, with an average family size of 2.94.
The percentage of residents who report their race in Bermuda Run is as follows:
|Black / African American||1.9%|
|American Indian / Alaskan Native||0%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near Bermuda Run? Or maybe you are searching for 55+ active adult communities in and/or near Bermuda Run?
The percentage of residents who report their age in Bermuda Run is as follows:
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Bermuda Run with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Bermuda Run.
How do you know that living in -- or moving to -- Bermuda Run is right where you need to be? Perhaps you grew up in Bermuda Run or already live nearby; therefore, the decision to buy a home in Bermuda Run is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Bermuda Run for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Bermuda Run:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Bermuda Run.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Bermuda Run can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Bermuda Run, meanwhile, can field multiple offers from more qualified buyers.