Cheap Homes in Hamlet, NC

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Hamlet, NC Foreclosures

How much do homes sell for in Hamlet, NC?
The average home price is currently $154,386.
In Hamlet, NC, how many homes are available?
There are currently 3,152 active home listings available in Hamlet.
What’s the average rental cost in Hamlet, NC?
The average rental price in Hamlet is $815.
What is the most expensive home in Hamlet, North Carolina?
The most expensive home sold in Hamlet had a price of $2,825,806.
What is currently the cheapest priced home in Hamlet, NC?
The cheapest home for sale in Hamlet is priced at $4,727.

Home Value Estimator For Hamlet, NC

There are currently 3,152 real estate properties in Hamlet, NC, with a median automated valuation model (AVM) price of $136,763.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Hamlet, 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 Hamlet, NC, is $154,386.00, with the most expensive house in Hamlet, NC, topping out at $2,825,806.00 and the cheapest home in Hamlet, NC, clocking in at $4,727.00. In other words, there’s something for every potential homebuyer or savvy investor in Hamlet, NC!

Rent Prices In Hamlet, NC

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Hamlet, NC, is on a rollercoaster ride. The average rent price in Hamlet, NC, is $815.00. Indeed, when looking to rent in Hamlet, NC, you can expect to pay as little as $420.00 or as much as $1,820.00, with the average rent median estimated to be $800.00. The good news is that finding an affordable and desirable property to rent in Hamlet, 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 Hamlet, NC In 2024

Hamlet is located in Richmond, North Carolina, with an estimated municipal population of 6,328 residents. All of the best foreclosed homes for sale in Hamlet are located in the following zip code areas on 28345. The estimated population per square kilometer (.62 miles) in Hamlet is 467.

Cost Of Living In Hamlet, NC

So, about how much do homes cost in Hamlet? The most recent median value of resident-owned homes in Hamlet is 90,646. An estimated 54.5 percent of households in Hamlet own their homes, with an average family size of 3.42. The median household income in Hamlet is 35,221, with7.8 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Hamlet, the median commute time of resident workers (in minutes) is 19.1. And last, but certainly not least, are you looking for homes to rent in Hamlet? If so, the average rent price paid by renters in Hamlet is 586, according to recent statistics.

Diversity And Demographics In Hamlet, 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 Hamlet, 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 Hamlet is 39.5, split between 48.7 percent male versus 51.3 female. The percentage of residents who report being married in Hamlet is 32.3, with an average family size of 3.42.

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

White 49.1%
Black / African American 46%
Asian 1.2%
American Indian / Alaskan Native 2.1%
Native Hawaiian / Other Pacifc Islander 0.4%
Multi-racial 1.2%
Other 0%

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

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

Under 10 13%
Aged 10-19 14.7%
20s 15.4%
30s 7.4%
40s 14.9%
50s 11.8%
60s 11.2%
70s 8.9%
80+ 2.7%

Best Schools In Hamlet, 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 Hamlet with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Hamlet.

Pros And Cons Of Living In Hamlet, North Carolina

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

  • 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 Hamlet.

Reasons To Move To Hamlet, 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 Hamlet can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Hamlet, meanwhile, can field multiple offers from more qualified buyers.

Cheap Homes in Hamlet, NC


Listing types in Hamlet, NC

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