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There are currently 12,159 real estate properties in Cornelius, NC, with a median automated valuation model (AVM) price of $489,932.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Cornelius, 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 Cornelius, NC, is $785,378.00, with the most expensive house in Cornelius, NC, topping out at $16,000,000.00 and the cheapest home in Cornelius, NC, clocking in at $20,470.00. In other words, there’s something for every potential homebuyer or savvy investor in Cornelius, NC!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Cornelius, NC, is on a rollercoaster ride. The average rent price in Cornelius, NC, is $1,946.00. Indeed, when looking to rent in Cornelius, NC, you can expect to pay as little as $800.00 or as much as $4,820.00, 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 Cornelius, 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.
Cornelius is located in Mecklenburg, North Carolina, with an estimated municipal population of 30,257 residents. All of the best foreclosed homes for sale in Cornelius are located in the following zip code areas on Foreclosure.com: 28031. The estimated population per square kilometer (.62 miles) in Cornelius is 907.
So, about how much do homes cost in Cornelius? The most recent median value of resident-owned homes in Cornelius is 322,948. An estimated 68.5 percent of households in Cornelius own their homes, with an average family size of 2.96. The median household income in Cornelius is 90,542, with46.8 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Cornelius, the median commute time of resident workers (in minutes) is 29.3. And last, but certainly not least, are you looking for homes to rent in Cornelius? If so, the average rent price paid by renters in Cornelius is 1,219, 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 Cornelius, 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 Cornelius is 41.3, split between 47.9 percent male versus 52.1 female. The percentage of residents who report being married in Cornelius is 52.6, with an average family size of 2.96.
The percentage of residents who report their race in Cornelius is as follows:
|Black / African American
|American Indian / Alaskan Native
|Native Hawaiian / Other Pacifc Islander
Looking for family-friendly neighborhoods in and/or near Cornelius? Or maybe you are searching for 55+ active adult communities in and/or near Cornelius?
The percentage of residents who report their age in Cornelius 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 Cornelius with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Cornelius.
How do you know that living in -- or moving to -- Cornelius is right where you need to be? Perhaps you grew up in Cornelius or already live nearby; therefore, the decision to buy a home in Cornelius is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Cornelius 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 Cornelius:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Cornelius.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Cornelius can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Cornelius, meanwhile, can field multiple offers from more qualified buyers.
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