The median home value in Kure Beach is $357,800. Kure Beach home values have gone up 3.0% over the past year and Zillow predicts they will rise 1.0% within the next year. The median list price per square foot in Kure Beach is $256, which is higher than theMyrtle Beach Metro average of $133. The median price of homes currently listed in Kure Beach is $359,900.
Foreclosures will be a factor impacting home values in the next several years. In Kure Beach 2.6 homes are foreclosed (per 10,000). This is greater than the national value of 1.6
Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Kure Beach is 0.4%, which is lower than the national value of 1.6%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Kure Beach homeowners underwater on their mortgage is 4.7%
For more info on Kure Beach homes for sale, contact Coastwalk Real Estate at 910-458-9119, or click here!