Rent to own Homes in Thomasville, NC
Thomasville, North Carolina is an ideal home for cyclists, history buffs and water recreation enthusiasts alike. Equidistant from Greensboro and Winston-Salem, this town of just under 27,000 residents has grown quite a bit since being founded in the late 1800s. Thomasville pays homage to its stake in the furniture industry with The Big Chair, a 30 foot tall chair that sits along Main Street, and also boasts several historical sites related to the Civil War.
Thomasville, NC is a great place for affordable rent-to-own homes! With a median household income of over $42,257 and a median rent of $707, the Thomasville, 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 Thomasville, 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.
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Rent to own Homes in Cities Near Thomasville, NC
- Advance
- Archdale
- Belews Creek
- Bermuda Run
- Bethania
- Clemmons
- Colfax
- Cooleemee
- Denton
- East Spencer
- Faith
- Farmington
- Gold Hill
- Granite Quarry
- Greensboro
- High Point
- Hillsdale
- Jamestown
- Kernersville
- Lewisville
- Lexington
- Linwood
- Midway
- Mocksville
- Pfafftown
- Rockwell
- Rural Hall
- Salisbury
- Sophia
- Southmont
- Spencer
- Thomasville
- Tobaccoville
- Trinity
- Tyro
- Walkertown
- Wallburg
- Welcome
- Winston-Salem
- Woodleaf
- Yadkin College
Neighborhoods in Thomasville, NC
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27360 rent to own homesBuying a Home in Thomasville, NC
Thomasville, NC is seeing rapid growth and Thomasville, NC's' housing market remains optimal with an average home price that is -46% below the 2024 national average. Thomasville, NC is part of Davidson 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 Davidson is 0.67% which is below the national average, which is 0.99%.
Median Home Price in Thomasville, NC
Median Rent in Thomasville, NC
Top 5 Reasons to Live in Thomasville, NC
History abounds! Thomasville is steeped in history, having once been the site of a train station that helped soldiers travel south during the Civil War. In modern times, the Thomasville City Cemetery is considered a historical site, containing the graves of both Union and Confederate soldiers. Renovated in the late 20th century, the 1870 Train Depot still stands in Thomasville.
Plenty of walking routes! Thomasville has no shortage of walking trails, making it easy for residents here to stay active and on their feet. Popular routes include the Church Walk that passes by several of the community's places of worship, the Historic Homes Walk that goes through Salem Street Historic District, and the Commerce Walk passing through downtown. All of these walks are open to residents and visitors alike.
Home sales prices are stable! From I-85 to US Hwy 70, properties for sale in Thomasville have been able to enjoy true stability in 2014, with only slight fluctuations month to month. As the cost of rent to own homes and other houses for sale level off, home buyers can breathe a little easier about setting down roots in Thomasville.
Update your furniture! As the namesake for Thomasville Furniture, this North Carolina city is known as a hub for anyone seeking new furniture to outfit their new homes. Aside from the Thomasville Furniture store, Furnitureland South and Gordon's Furniture are just a couple of the other home decor retailers that have made Thomasville home. Many showrooms are well over 25,000 feet, allowing for the presentation of a myriad of statement furniture pieces.
Get more square footage for less! The average cost per square foot for homes in North Carolina is about $105, but residents in Thomasville can purchase property for as little as under $40 per square foot. Homes between Cardinal Creek Road and Priya Street are all affording homeowners more bang for their buck.