There are currently 14,853 real estate properties in Reidsville, NC, with a median automated valuation model (AVM) price of $175,400.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Reidsville, 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 Reidsville, NC, is $206,274.00, with the most expensive house in Reidsville, NC, topping out at $3,922,100.00 and the cheapest home in Reidsville, NC, clocking in at $15,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Reidsville, NC!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Reidsville, NC, is on a rollercoaster ride. The average rent price in Reidsville, NC, is $913.00. Indeed, when looking to rent in Reidsville, NC, you can expect to pay as little as $460.00 or as much as $2,340.00, with the average rent median estimated to be $890.00. The good news is that finding an affordable and desirable property to rent in Reidsville, 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 Reidsville, NC area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Reidsville, NC and much more. Save thousands at closing with home foreclosure listings in Reidsville, NC — up to 75% off market value!
Reidsville is located in Rockingham, North Carolina, with an estimated municipal population of 13,987 residents. All of the best foreclosed homes for sale in Reidsville are located in the following zip code areas on Foreclosure.com: 27320 27323 27375. The estimated population per square kilometer (.62 miles) in Reidsville is 367.
So, about how much do homes cost in Reidsville? The most recent median value of resident-owned homes in Reidsville is 102,966. An estimated 50.4 percent of households in Reidsville own their homes, with an average family size of 2.94. The median household income in Reidsville is 32,339, with7 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Reidsville, the median commute time of resident workers (in minutes) is 23.6. And last, but certainly not least, are you looking for homes to rent in Reidsville? If so, the average rent price paid by renters in Reidsville is 697, 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 Reidsville, 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 Reidsville is 44.8, split between 45.2 percent male versus 54.8 female. The percentage of residents who report being married in Reidsville is 36.2, with an average family size of 2.94.
The percentage of residents who report their race in Reidsville is as follows:
|Black / African American||38%|
|American Indian / Alaskan Native||0.4%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near Reidsville? Or maybe you are searching for 55+ active adult communities in and/or near Reidsville?
The percentage of residents who report their age in Reidsville 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 Reidsville with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Reidsville.
How do you know that living in -- or moving to -- Reidsville is right where you need to be? Perhaps you grew up in Reidsville or already live nearby; therefore, the decision to buy a home in Reidsville is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Reidsville 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 Reidsville:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Reidsville.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Reidsville can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Reidsville, meanwhile, can field multiple offers from more qualified buyers.
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