Rent to own Homes in Wilson, NC
Lower home prices! Median home values are lower in Wilson than in North Carolina -- $136,410 versus $153,700. Even if you're not ready to take on a mortgage just yet, at these prices seeking out rent to own homes is a smart idea, especially if you start looking in the Herring or Seven Hills neighborhoods since they have seen a decrease in listing prices.
Wilson, NC is a great place for affordable rent-to-own homes! With a median household income of over $43,126 and a median rent of $747, the Wilson, 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 Wilson, 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 Wilson, NC Property Resources
Rent to own Homes in Cities Near Wilson, NC
Neighborhoods in Wilson, NC
Dax rent to own homes Morgans Ridge rent to own homes Bullard Place rent to own homes Belle Meade Commons rent to own homes Harrisons Run rent to own homes Jamestown rent to own homes Surrey Meadows rent to own homes Hillside rent to own homes Wilson Corporate Park rent to own homes Walnut Creek rent to own homesPopular Zip Codes in Wilson, NC
27894 rent to own homes 27893 rent to own homes 27896 rent to own homes 27895 rent to own homesBuying a Home in Wilson, NC
Wilson, NC is seeing rapid growth and Wilson, NC's' housing market remains optimal with an average home price that is -33% below the 2024 national average. Wilson, NC is part of Wilson 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 Wilson is 0.92% which is below the national average, which is 0.99%.
Median Home Price in Wilson, NC
Median Rent in Wilson, NC
Top 10 Reasons to Live in Wilson, NC
Large rental market! With almost half the population - 49% to be exact - renting instead of owning, finding apartments, condos or townhouses should be easy. Areas like Westwood or Country Club West remain popular year after year.
Prime rent to own opportunities! The number of home sales has decreased by 62.1% in the last year. This means that more owners are willing to sell their property as rent to own homes, making it easier than ever to snap up a property in popular neighborhoods like Oak Forest or Riverbirch Estates.
Home appreciation values are on the rise! Downtown Wilson has seen a dramatic increase in home appreciation values since 1990, with home values increasing more than 90% at a rate of about 2.5% every year. With the Imagination Station Science Museum and Freeman Round House in the neighborhood, it's easy to see why it's a popular area.
It's a wired city! With some of the fastest broadband speeds in the U.S., Wilson is an ideal place for those who like to stay connected, even if you choose a home in the outskirt neighborhoods of New Hope or Bridgersville.
A happening downtown! Not only has the city made recent upgrades by burying unsightly utility lines, installing new paver sidewalks and planting trees, but the downtown area is also the location of the annual Whirligig Festival in November. With arts and crafts, food, live music, a cake dive and much more, the event brings more than 35,000 people to the community every year. Other times, head downtown for a bite at City Market or Worrell's Seafood.
Plenty of arts! Experience live theater downtown at the Edna Earl Boykin Theater, or step back in time to another era at the Vaudeville Theater.
You can't beat the location! When you live in Wilson, you're just 30 minutes away from Raleigh, and only about 2 hours from the beautiful NC beaches. Wherever you want to go, I-95 will get you there in no time.
A city of trees! Wilson is brimming with natural beauty, thanks to the plethora of trees the city has planted over the years to earn the name "Tree City USA." Observe the leafy wonders at one of the city's parks and gardens. Of particular note is the Wilson Rose Garden, where many outdoor weddings are held, and the Lake Wilson where you can fish, boat and picnic.
Museums abound! Baseball fans will want to visit the North Carolina Baseball Museum near Fleming Stadium, while architecture buffs will want to check out the unique downtown stone building known as the Freeman Round House. Freeman is also the site of the African-American History Museum.