cheap housing under $150,000 Hertford North Carolina
$
89,900
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Hertford, North Carolina
307 Dobbs St
5
Beds
2
Baths
1607
Sq Ft
1902
Built

Historic, Farmhouse

1902 Hertford Farmhouse, 5 Bedrooms, Three Porches, Outbuildings — $89,900

7

out of 10

HousesUnder150K Score

Property Merit 50% · Condition 25% · Price/Sq Ft 15% · Market 10%

CategoryWt.ScoreDetail
Property Merit50%81902 farmhouse, 5BR, original wood floors, 3 porches, multiple outbuildings, screened pavilion
Condition25%6Original floors visible, no system dates named; unknown roof/HVAC on 120-year-old home
Price / Sq Ft15%10Listing $56/sqft vs zip median $183/sqft — 69% below; 5 comps, directional only
Price vs. Market5%10At $89,900 vs $315K zip median — 71% below; zip likely skewed by larger/newer homes
Market Conditions5%6DOM 80 days, 30.3% price drops, sale-to-list 97.1% — mild buyer advantage

At $56 a square foot, this is priced like a teardown but built like a farmhouse that has already outlasted everything around it. The zip median sits near $183 a square foot, and this one is 69 percent below that. The gap is wide enough that it changes what you can do here.

The house is 1902, two stories, 1,607 square feet, with five bedrooms and two full baths. The floor plan runs like old houses do: foyer, living room, dining room, large kitchen, and a den or ground-floor bedroom with a bath adjacent. Four more bedrooms sit upstairs. The wood floors appear to be original, which at 120 years means they are either beautiful or they need serious attention, and probably some of both. That is the honest answer when no condition detail is offered.

Three porches. A screened pavilion in the back yard. An attached carport, a detached carport, a large masonry storage room, a second storage building, and a fenced back yard that the agent calls huge. That is a lot of covered and enclosed space for a property at this price. If you need room to store things, work on things, or keep animals, the footprint here supports that in a way most houses do not.

The concern is straightforward: no dates are given for the roof, HVAC, or any mechanical systems. On a house this old, those are real unknowns and they can be expensive ones. The condition score reflects that gap. You would need inspections and estimates before any number makes sense, and your offer price should leave room for what those inspections find.

It has been on the market 80 days with a price drop already behind it. That is leverage, and the seller has demonstrated a willingness to move. Under $90,000 for a five-bedroom house with original floors, three porches, a screened pavilion, and a fenced yard is the kind of starting point that makes a renovation budget feel possible instead of out of reach.

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