Rent to own Homes in Jacksonville, NC
The price to buy a home in Jacksonville is slightly higher than the rest of North Carolina, but it is still affordable, especially considering the city's proximity to the ocean. The median home sale value of $166,600 has doubled in the last decade as new residents flock to the area for employment, though the median house price has dropped to $134,000 over the last year. The vacancy rates for rental properties is 2.73 percent, more than 12 percent below the national average. Like many other urban areas, the majority of residents rent; 59.5 percent rent apartments, condos or single-family houses, compared to 37.7 percent who own their home.
Jacksonville, NC is a great place for affordable rent-to-own homes! With a median household income of over $45,754 and a median rent of $1,032, the Jacksonville, NC rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Jacksonville, NC. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.
More Jacksonville, NC Property Resources
Rent to own Homes in Cities Near Jacksonville, NC
Neighborhoods in Jacksonville, NC
Tarawa Terrace rent to own homes Williamsburg Plantation rent to own homes Mill Street Historic District rent to own homes Downtown Jacksonville rent to own homesPopular Zip Codes in Jacksonville, NC
28542 rent to own homes 28543 rent to own homes 28545 rent to own homesBuying a Home in Jacksonville, NC
Jacksonville, NC is seeing rapid growth and Jacksonville, NC's' housing market remains optimal with an average home price that is -28% below the 2024 national average. Jacksonville, NC is part of Onslow county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2024 for county Onslow is 0.6% which is below the national average, which is 0.99%.
Median Home Price in Jacksonville, NC
Median Rent in Jacksonville, NC
Local Sports Revving up your engine is a way of life for many residents in Jacksonville. Like in much of the South, the main sports attraction is auto racing. Coastal Plains Raceway is home to stock car races from May to October, while drag racing is held from July to December at Coastal Plains Dragway. Not to be outdone, truck racing is the rage at Jumping Run Creek Mud Bog. Three tracks, a hill and a hole mud bog play host to 4x4 trucks from across the area every other Saturday from April to November. Not a racing enthusiast? Head to Paradise Point Golf Course or Rock Creek Golf and Country Club, or just spend every warm weekend enjoying one of the many lovely Atlantic Ocean beaches just 30 minutes away.
Local Restaurants Many of the coastal city's prime restaurants feature delicious and local seafood options, but more exotic fare can be found at Marrakesh. This family-run business serves Mediterranean and Middle Eastern cuisine, from salmon kabobs and chicken tawook to lamb chops and fresh baklava. For American cuisine, Ducks Grille and Bar offers breakfast, lunch and dinner menus and meals both traditional (pasta and salads galore, market fresh seafood) and off the beaten path (elk chops and duck breast). You can even satisfy your Indian food cravings at Tandoori Bites.
Neighborhood Guide Jacksonville's neighborhoods run the gamut from rent to own houses to apartments and single-family homes, meaning there is something for every prospective resident. Below are a few neighborhoods to consider: