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Foreclosure Homes in Seven Lakes, NC

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Seven Lakes, NC Foreclosures

How much do homes sell for in Seven Lakes, NC?
The average home price is currently $541,414.
In Seven Lakes, NC, how many homes are available?
There are currently 866 active home listings available in Seven Lakes.
What’s the average rental cost in Seven Lakes, NC?
The average rental price in Seven Lakes is $1,662.
What is the most expensive home in Seven Lakes, North Carolina?
The most expensive home sold in Seven Lakes had a price of $4,431,400.
What is currently the cheapest priced home in Seven Lakes, NC?
The cheapest home for sale in Seven Lakes is priced at $18,120.

Home Value Estimator For Seven Lakes, NC

There are currently 866 real estate properties in Seven Lakes, NC, with a median automated valuation model (AVM) price of $431,536.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Seven Lakes, 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 Seven Lakes, NC, is $541,414.00, with the most expensive house in Seven Lakes, NC, topping out at $4,431,400.00 and the cheapest home in Seven Lakes, NC, clocking in at $18,120.00. In other words, there’s something for every potential homebuyer or savvy investor in Seven Lakes, NC!


Rent Prices In Seven Lakes, NC

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Seven Lakes, NC, is on a rollercoaster ride. The average rent price in Seven Lakes, NC, is $1,662.00. Indeed, when looking to rent in Seven Lakes, NC, you can expect to pay as little as $580.00 or as much as $3,200.00, with the average rent median estimated to be $1,600.00. The good news is that finding an affordable and desirable property to rent in Seven Lakes, 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 Seven Lakes, NC In 2024

Seven Lakes is located in Moore, North Carolina, with an estimated municipal population of 4,903 residents. All of the best foreclosed homes for sale in Seven Lakes are located in the following zip code areas on Foreclosure.com: 27376. The estimated population per square kilometer (.62 miles) in Seven Lakes is 225.


Cost Of Living In Seven Lakes, NC

So, about how much do homes cost in Seven Lakes? The most recent median value of resident-owned homes in Seven Lakes is 294,883. An estimated 93.1 percent of households in Seven Lakes own their homes, with an average family size of 2.55. The median household income in Seven Lakes is 82,969, with46.9 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Seven Lakes, the median commute time of resident workers (in minutes) is 23.5. And last, but certainly not least, are you looking for homes to rent in Seven Lakes? If so, the average rent price paid by renters in Seven Lakes is 1,167, according to recent statistics.


Diversity And Demographics In Seven Lakes, 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 Seven Lakes, 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 Seven Lakes is 54.7, split between 42.4 percent male versus 57.6 female. The percentage of residents who report being married in Seven Lakes is 64.6, with an average family size of 2.55.

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

White 95%
Black / African American 5%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0%
Other 0%

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

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

Under 10 9%
Aged 10-19 10.9%
20s 3.9%
30s 10.9%
40s 8.3%
50s 15.5%
60s 15.7%
70s 19.3%
80+ 6.5%

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


Pros And Cons Of Living In Seven Lakes, North Carolina

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

  • 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 Seven Lakes.


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

Seven Lakes, NC Foreclosures


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