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Foreclosure Homes in Swannanoa, NC

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Stone-dr-Swannanoa-NC-28778
Preforeclosure
$183,345 EMV

Stone Dr
Swannanoa, NC 28778

2 Bed | 1 Bath | 936 Sq. Ft.

Lee-rd-Swannanoa-NC-28778
Preforeclosure
$164,220 EMV

Lee Rd
Swannanoa, NC 28778

3 Bed | 1 Bath | 1,200 Sq. Ft.

2 Old-us-70-hwy-Swannanoa-NC-28778
As-Is Deal
$203,000 List Price

Old Us 70 Hwy
Swannanoa, NC 28778

3 Bed | 2 Bath | 1,632 Sq. Ft.

45 Wilson-avenue-ext-Swannanoa-NC-28778
As-Is Deal
$289,900 List Price

Wilson Avenue Ext
Swannanoa, NC 28778

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Home Value Estimator For Swannanoa, NC

There are currently 3,656 real estate properties in Swannanoa, NC, with a median automated valuation model (AVM) price of $280,200.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Swannanoa, 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 Swannanoa, NC, is $303,536.00, with the most expensive house in Swannanoa, NC, topping out at $3,312,900.00 and the cheapest home in Swannanoa, NC, clocking in at $60,100.00. In other words, there’s something for every potential homebuyer or savvy investor in Swannanoa, NC!


Rent Prices In Swannanoa, NC

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Swannanoa, NC, is on a rollercoaster ride. The average rent price in Swannanoa, NC, is $1,608.00. Indeed, when looking to rent in Swannanoa, NC, you can expect to pay as little as $600.00 or as much as $3,260.00, with the average rent median estimated to be $1,570.00. The good news is that finding an affordable and desirable property to rent in Swannanoa, 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 Swannanoa, NC

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


Top Reasons To Live In Swannanoa, NC In 2021

Swannanoa is located in Buncombe, North Carolina, with an estimated municipal population of 4,127 residents. All of the best foreclosed homes for sale in Swannanoa are located in the following zip code areas on Foreclosure.com: 28778. The estimated population per square kilometer (.62 miles) in Swannanoa is 249.


Cost Of Living In Swannanoa, NC

So, about how much do homes cost in Swannanoa? The most recent median value of resident-owned homes in Swannanoa is 140,713. An estimated 64 percent of households in Swannanoa own their homes, with an average family size of 2.84. The median household income in Swannanoa is 32,268, with4 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Swannanoa, the median commute time of resident workers (in minutes) is 16.1. And last, but certainly not least, are you looking for homes to rent in Swannanoa? If so, the average rent price paid by renters in Swannanoa is 820, according to recent statistics.


Diversity And Demographics In Swannanoa, 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 Swannanoa, 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 Swannanoa is 37.6, split between 42.6 percent male versus 57.4 female. The percentage of residents who report being married in Swannanoa is 38.3, with an average family size of 2.84.

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

White 91.9%
Black / African American 4.2%
Asian 0.6%
American Indian / Alaskan Native 0.4%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 2.7%
Other 0.1%

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

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

Under 10 9.4%
Aged 10-19 6.7%
20s 22.7%
30s 16.1%
40s 12.9%
50s 11%
60s 12%
70s 5.8%
80+ 3.5%

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


Pros And Cons Of Living In Swannanoa, North Carolina

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

  • 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 Swannanoa.


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

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