There are currently 22,733 real estate properties in New Bern, NC, with a median automated valuation model (AVM) price of $199,200.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in New Bern, 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 New Bern, NC, is $224,306.00, with the most expensive house in New Bern, NC, topping out at $12,967,500.00 and the cheapest home in New Bern, NC, clocking in at $45,000.00. In other words, there’s something for every potential homebuyer or savvy investor in New Bern, NC!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in New Bern, NC, is on a rollercoaster ride. The average rent price in New Bern, NC, is $1,134.00. Indeed, when looking to rent in New Bern, NC, you can expect to pay as little as $500.00 or as much as $3,720.00, with the average rent median estimated to be $1,080.00. The good news is that finding an affordable and desirable property to rent in New Bern, 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 New Bern, NC area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in New Bern, NC and much more. Save thousands at closing with home foreclosure listings in New Bern, NC — up to 75% off market value!
New Bern is located in Craven, North Carolina, with an estimated municipal population of 29,994 residents. All of the best foreclosed homes for sale in New Bern are located in the following zip code areas on Foreclosure.com: 28560 28562 28561. The estimated population per square kilometer (.62 miles) in New Bern is 409.
So, about how much do homes cost in New Bern? The most recent median value of resident-owned homes in New Bern is 155,375. An estimated 53 percent of households in New Bern own their homes, with an average family size of 2.76. The median household income in New Bern is 43,204, with18.8 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in New Bern, the median commute time of resident workers (in minutes) is 19.6. And last, but certainly not least, are you looking for homes to rent in New Bern? If so, the average rent price paid by renters in New Bern is 859, 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 New Bern, 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 New Bern is 40.4, split between 47.8 percent male versus 52.2 female. The percentage of residents who report being married in New Bern is 48.9, with an average family size of 2.76.
The percentage of residents who report their race in New Bern is as follows:
|Black / African American||30.4%|
|American Indian / Alaskan Native||0.4%|
|Native Hawaiian / Other Pacifc Islander||0.1%|
Looking for family-friendly neighborhoods in and/or near New Bern? Or maybe you are searching for 55+ active adult communities in and/or near New Bern?
The percentage of residents who report their age in New Bern 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 New Bern with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in New Bern.
How do you know that living in -- or moving to -- New Bern is right where you need to be? Perhaps you grew up in New Bern or already live nearby; therefore, the decision to buy a home in New Bern is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to New Bern 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 New Bern:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like New Bern.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in New Bern can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in New Bern, meanwhile, can field multiple offers from more qualified buyers.