While we strive for accuracy, the availability of foreclosure properties listed on our site is not guaranteed due to ever-changing market conditions. We invite you to explore other categories, including pre-foreclosures, offering valuable real estate investment opportunities.
Start by searching for available pre-foreclosure properties in your area. These properties aren't usually listed for sale, which means there's less competition from other buyers. Additionally, pre-foreclosures are often sold below market rate, making them great real estate deals. Don't miss out on this opportunity to get a great deal on a foreclosed property
East Charlotte brims with a wide range of housing, including many affordable ones. The area is full of foreclosures, which makes it a good choice for those who are just starting out and investors. It is also close to major highways and has an excellent public transportation system that makes it more attractive because of its convenience to downtown and other parts of the city.
The University City area is well known for its robust community center anchored by the University of North Carolina at Charlotte (UNCC). This district often has properties that have been foreclosed hence there are opportunities for investment in neighborhoods near universities. For instance, you will find both single-family homes and condos in this neighborhood, making it ideal for both professionals as well as students.
West Charlotte: Recently the West side has seen significant redevelopment effort thus expect to find lots of foreclosures here. It can be quite challenging to find a home within this neighborhood since it includes places like historic houses to new build developments. Being so near the center of town and major employment centers means that people like investing or buying property here.
Northwest Charlotte: Northwest part offers several types of affordable housing, consisting mostly of foreclosed properties. People looking for lower priced homes with potential appreciation tend to prefer this place as they can buy them at low prices when they start appreciating over time. This area combines features typical of both urbanity and suburbia while offering access to amenities found nearby which make it a suitable option for families and investors alike.
Southwest Charlotte: Such neighborhoods like Steele Creek located in Southwest offer an environment that resonates with suburban living complemented by various facilities. The area constantly experiences foreclosure listings which provide opportunities for individuals interested in investing in developing communities. Schools are good with parks, shopping centers among others things being available making Southwest Charlotte ideal for families as well as professionals.
These neighborhoods in Charlotte present several possibilities for buying foreclosed properties thereby attracting both homebuyers and investors who want to take advantage of the local real estate market.
Median Price (12 Mo): $417,500
Median Single Family Price: $450,000
Median Townhouse Price: $350,000
Median 2 Bedroom Price: $365,000
Median 1 Bedroom Price: $300,000
Average Price Per Sq Ft: $256
Number of Homes for Sale: 4,320
Last 12 Months Home Sales: Approximately 12,700 homes sold
Months of Supply: 4.2 months (indicating a balanced market)
Median List Price: $450,000
Median Discount from 1st List Price: Around 2%
Median Home Sale Price YoY Change: +4.2%
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