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Foreclosure Homes in Patterson Springs, NC

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Home Value Estimator For Patterson Springs, NC

There are currently 11 real estate properties in Patterson Springs, NC, with a median automated valuation model (AVM) price of $137,800.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Patterson Springs, 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 Patterson Springs, NC, is $168,464.00, with the most expensive house in Patterson Springs, NC, topping out at $431,000.00 and the cheapest home in Patterson Springs, NC, clocking in at $69,900.00. In other words, there’s something for every potential homebuyer or savvy investor in Patterson Springs, NC!


Rent Prices In Patterson Springs, NC

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Patterson Springs, NC, is on a rollercoaster ride. The average rent price in Patterson Springs, NC, is $933.00. Indeed, when looking to rent in Patterson Springs, NC, you can expect to pay as little as $580.00 or as much as $1,540.00, with the average rent median estimated to be $930.00. The good news is that finding an affordable and desirable property to rent in Patterson Springs, 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.


Foreclosure Homes in Patterson Springs, NC

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Patterson Springs, NC area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Patterson Springs, NC and much more. Save thousands at closing with home foreclosure listings in Patterson Springs, NC — up to 75% off market value!


Top Reasons To Live In Patterson Springs, NC In 2021

Patterson Springs is located in Cleveland, North Carolina, with an estimated municipal population of 621 residents. All of the best foreclosed homes for sale in Patterson Springs are located in the following zip code areas on Foreclosure.com: 28073 28152. The estimated population per square kilometer (.62 miles) in Patterson Springs is 263.


Cost Of Living In Patterson Springs, NC

So, about how much do homes cost in Patterson Springs? The most recent median value of resident-owned homes in Patterson Springs is 83,933. An estimated 54.4 percent of households in Patterson Springs own their homes, with an average family size of 3.54. The median household income in Patterson Springs is 29,605, with9.7 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Patterson Springs, the median commute time of resident workers (in minutes) is 21.2. And last, but certainly not least, are you looking for homes to rent in Patterson Springs? If so, the average rent price paid by renters in Patterson Springs is 588, according to recent statistics.


Diversity And Demographics In Patterson Springs, 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 Patterson Springs, 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 Patterson Springs is 32.2, split between 45.3 percent male versus 54.7 female. The percentage of residents who report being married in Patterson Springs is 33.1, with an average family size of 3.54.

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

White 75.4%
Black / African American 21.2%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 3%
Other 0.4%

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

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

Under 10 9%
Aged 10-19 17.4%
20s 19.8%
30s 13.7%
40s 10%
50s 14.9%
60s 8%
70s 5.1%
80+ 2%

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


Pros And Cons Of Living In Patterson Springs, North Carolina

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

  • 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 Patterson Springs.


Reasons To Move To Patterson Springs, North Carolina, In 2021

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

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Listing types in Patterson Springs, NC

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