Foreclosures in Kenly, NC

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View this home at Pollock Rd Kenly NC 27542
$531,468 EMV
Pollock Rd
Kenly, NC 27542
3 |
EST. RENT: $1,890
AUCTION: 05-07-2024
3 |
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Home Value Estimator For Kenly, NC

There are currently 3,026 real estate properties in Kenly, NC, with a median automated valuation model (AVM) price of $213,272.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Kenly, 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 Kenly, NC, is $239,285.00, with the most expensive house in Kenly, NC, topping out at $2,030,443.00 and the cheapest home in Kenly, NC, clocking in at $11,650.00. In other words, there’s something for every potential homebuyer or savvy investor in Kenly, NC!

Rent Prices In Kenly, NC

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Kenly, NC, is on a rollercoaster ride. The average rent price in Kenly, NC, is $1,047.00. Indeed, when looking to rent in Kenly, NC, you can expect to pay as little as $550.00 or as much as $2,400.00, with the average rent median estimated to be $990.00. The good news is that finding an affordable and desirable property to rent in Kenly, 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 Kenly, NC In 2024

Kenly is located in Johnston, North Carolina, with an estimated municipal population of 1,584 residents. All of the best foreclosed homes for sale in Kenly are located in the following zip code areas on 27542. The estimated population per square kilometer (.62 miles) in Kenly is 350.

Cost Of Living In Kenly, NC

So, about how much do homes cost in Kenly? The most recent median value of resident-owned homes in Kenly is 84,476. An estimated 38.7 percent of households in Kenly own their homes, with an average family size of 3.46. The median household income in Kenly is 21,455, with5.4 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Kenly, the median commute time of resident workers (in minutes) is 34.9. And last, but certainly not least, are you looking for homes to rent in Kenly? If so, the average rent price paid by renters in Kenly is 687, according to recent statistics.

Diversity And Demographics In Kenly, 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 Kenly, 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 Kenly is 39.6, split between 50.8 percent male versus 49.2 female. The percentage of residents who report being married in Kenly is 31.7, with an average family size of 3.46.

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

White 45.6%
Black / African American 36.1%
Asian 0%
American Indian / Alaskan Native 0.6%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 11.2%
Other 6.6%

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

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

Under 10 15.3%
Aged 10-19 14.8%
20s 10.4%
30s 10.3%
40s 9.4%
50s 14.3%
60s 16.1%
70s 5.6%
80+ 3.8%

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

Pros And Cons Of Living In Kenly, North Carolina

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

  • 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 Kenly.

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

Kenly, NC Foreclosures


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