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Rent To Own Homes in Four Oaks, NC

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View this home at Maple Ave Four Oaks NC 27524
Preforeclosure
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$339,536 EMV
Maple Ave
Four Oaks, NC 27524
Single-Family
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3 |
2
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1,984
EST. RENT: $1,301
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AUCTION: 04-25-2024
Single-Family
|
3 |
2
|
1,984
Displaying 1 - 6 of 6
 
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Home Value Estimator For Four Oaks, NC

There are currently 3,937 real estate properties in Four Oaks, NC, with a median automated valuation model (AVM) price of $243,889.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Four Oaks, 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 Four Oaks, NC, is $279,338.00, with the most expensive house in Four Oaks, NC, topping out at $3,327,800.00 and the cheapest home in Four Oaks, NC, clocking in at $19,340.00. In other words, there’s something for every potential homebuyer or savvy investor in Four Oaks, NC!


Rent Prices In Four Oaks, NC

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Four Oaks, NC, is on a rollercoaster ride. The average rent price in Four Oaks, NC, is $1,110.00. Indeed, when looking to rent in Four Oaks, NC, you can expect to pay as little as $600.00 or as much as $3,520.00, with the average rent median estimated to be $1,050.00. The good news is that finding an affordable and desirable property to rent in Four Oaks, 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.


Top Reasons To Live In Four Oaks, NC In 2024

Four Oaks is located in Johnston, North Carolina, with an estimated municipal population of 2,254 residents. All of the best foreclosed homes for sale in Four Oaks are located in the following zip code areas on Foreclosure.com: 27524. The estimated population per square kilometer (.62 miles) in Four Oaks is 380.


Cost Of Living In Four Oaks, NC

So, about how much do homes cost in Four Oaks? The most recent median value of resident-owned homes in Four Oaks is 151,884. An estimated 55.1 percent of households in Four Oaks own their homes, with an average family size of 3.45. The median household income in Four Oaks is 45,714, with19.5 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Four Oaks, the median commute time of resident workers (in minutes) is 32.1. And last, but certainly not least, are you looking for homes to rent in Four Oaks? If so, the average rent price paid by renters in Four Oaks is 822, according to recent statistics.


Diversity And Demographics In Four Oaks, North Carolina

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 Four Oaks, 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 Four Oaks is 36.3, split between 47.4 percent male versus 52.6 female. The percentage of residents who report being married in Four Oaks is 41.4, with an average family size of 3.45.

The percentage of residents who report their race in Four Oaks is as follows:

White 60.2%
Black / African American 31.6%
Asian 2.4%
American Indian / Alaskan Native 0.4%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 3.2%
Other 2.2%

Looking for family-friendly neighborhoods in and/or near Four Oaks? Or maybe you are searching for 55+ active adult communities in and/or near Four Oaks?

The percentage of residents who report their age in Four Oaks is as follows:

Under 10 15.8%
Aged 10-19 11.7%
20s 16.8%
30s 10.7%
40s 12.6%
50s 13%
60s 11.6%
70s 4.3%
80+ 3.6%

Best Schools In Four Oaks, North Carolina

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 Four Oaks with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Four Oaks.


Pros And Cons Of Living In Four Oaks, North Carolina

How do you know that living in -- or moving to -- Four Oaks is right where you need to be? Perhaps you grew up in Four Oaks or already live nearby; therefore, the decision to buy a home in Four Oaks is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Four Oaks 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 Four Oaks:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Four Oaks.


Reasons To Move To Four Oaks, North Carolina, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Four Oaks can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Four Oaks, meanwhile, can field multiple offers from more qualified buyers.

Four Oaks, NC Rent To Own Homes


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