There are currently 6,787 real estate properties in Davidson, NC, with a median automated valuation model (AVM) price of $460,500.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Davidson, 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 Davidson, NC, is $519,114.00, with the most expensive house in Davidson, NC, topping out at $20,343,443.00 and the cheapest home in Davidson, NC, clocking in at $26,700.00. In other words, there’s something for every potential homebuyer or savvy investor in Davidson, NC!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Davidson, NC, is on a rollercoaster ride. The average rent price in Davidson, NC, is $1,884.00. Indeed, when looking to rent in Davidson, NC, you can expect to pay as little as $640.00 or as much as $3,860.00, with the average rent median estimated to be $1,810.00. The good news is that finding an affordable and desirable property to rent in Davidson, 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 Davidson, NC area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Davidson, NC and much more. Save thousands at closing with home foreclosure listings in Davidson, NC — up to 75% off market value!
Davidson is located in Mecklenburg, North Carolina, with an estimated municipal population of 13,054 residents. All of the best foreclosed homes for sale in Davidson are located in the following zip code areas on Foreclosure.com: 28036 28035. The estimated population per square kilometer (.62 miles) in Davidson is 844.
So, about how much do homes cost in Davidson? The most recent median value of resident-owned homes in Davidson is 453,015. An estimated 79.2 percent of households in Davidson own their homes, with an average family size of 3.1. The median household income in Davidson is 124,853, with60.4 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Davidson, the median commute time of resident workers (in minutes) is 26.1. And last, but certainly not least, are you looking for homes to rent in Davidson? If so, the average rent price paid by renters in Davidson is 1,264, 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 Davidson, 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 Davidson is 37.2, split between 47 percent male versus 53 female. The percentage of residents who report being married in Davidson is 54.8, with an average family size of 3.1.
The percentage of residents who report their race in Davidson is as follows:
|Black / African American||5.5%|
|American Indian / Alaskan Native||0%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near Davidson? Or maybe you are searching for 55+ active adult communities in and/or near Davidson?
The percentage of residents who report their age in Davidson 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 Davidson with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Davidson.
How do you know that living in -- or moving to -- Davidson is right where you need to be? Perhaps you grew up in Davidson or already live nearby; therefore, the decision to buy a home in Davidson is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Davidson 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 Davidson:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Davidson.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Davidson can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Davidson, meanwhile, can field multiple offers from more qualified buyers.