There are currently 1,450 real estate properties in Chocowinity, NC, with a median automated valuation model (AVM) price of $321,400.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Chocowinity, 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 Chocowinity, NC, is $328,546.00, with the most expensive house in Chocowinity, NC, topping out at $1,327,000.00 and the cheapest home in Chocowinity, NC, clocking in at $61,200.00. In other words, there’s something for every potential homebuyer or savvy investor in Chocowinity, NC!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Chocowinity, NC, is on a rollercoaster ride. The average rent price in Chocowinity, NC, is $1,631.00. Indeed, when looking to rent in Chocowinity, NC, you can expect to pay as little as $830.00 or as much as $2,890.00, with the average rent median estimated to be $1,650.00. The good news is that finding an affordable and desirable property to rent in Chocowinity, 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 Chocowinity, NC area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Chocowinity, NC and much more. Save thousands at closing with home foreclosure listings in Chocowinity, NC — up to 75% off market value!
Chocowinity is located in Beaufort, North Carolina, with an estimated municipal population of 788 residents. All of the best foreclosed homes for sale in Chocowinity are located in the following zip code areas on Foreclosure.com: 27817. The estimated population per square kilometer (.62 miles) in Chocowinity is 302.
So, about how much do homes cost in Chocowinity? The most recent median value of resident-owned homes in Chocowinity is 90,294. An estimated 34.5 percent of households in Chocowinity own their homes, with an average family size of 3.37. The median household income in Chocowinity is 26,181, with4.8 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Chocowinity, the median commute time of resident workers (in minutes) is 27.5. And last, but certainly not least, are you looking for homes to rent in Chocowinity? If so, the average rent price paid by renters in Chocowinity is 638, according to recent statistics.
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 Chocowinity, 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 Chocowinity is 30.9, split between 37.4 percent male versus 62.6 female. The percentage of residents who report being married in Chocowinity is 34.9, with an average family size of 3.37.
The percentage of residents who report their race in Chocowinity is as follows:
|Black / African American||43.1%|
|American Indian / Alaskan Native||0%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near Chocowinity? Or maybe you are searching for 55+ active adult communities in and/or near Chocowinity?
The percentage of residents who report their age in Chocowinity 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 Chocowinity with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Chocowinity.
How do you know that living in -- or moving to -- Chocowinity is right where you need to be? Perhaps you grew up in Chocowinity or already live nearby; therefore, the decision to buy a home in Chocowinity is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Chocowinity 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 Chocowinity:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Chocowinity.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Chocowinity can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Chocowinity, meanwhile, can field multiple offers from more qualified buyers.