cheap housing under $150,000 Warsaw North Carolina
$
130,000
Sold
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Warsaw, North Carolina
613 E Chelly St
3
Beds
2
Baths
1334
Sq Ft
1960
Built

Character Home, Garage

1960 Brick Ranch with Garage and Dual Carports, 28% Below Zip Median — $130,000

6

out of 10

HousesUnder150K Score

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

CategoryWt.ScoreDetail
Property Merit50%7Brick ranch, detached garage, dual carports, 1334 sqft, 0.33-acre lot
Condition25%6No system dates; "make your own" language hints at cosmetic needs; brick exterior is positive
Price / Sq Ft15%7Listing $98/sqft vs zip median $124/sqft — 21% below; 6 comps, thin but directional
Price vs. Market5%6$130K vs $179,922 median — approximately 28% below zip median
Market Conditions5%7DOM 114, sale-to-list 94.4%, price drops 33% — clear buyer's market

The price is the first thing worth sitting with. The zip median for sold homes is around $180,000. This one is listed at $130,000 — about 28% below that, and at $98 per square foot against a median closer to $124. For a solid brick ranch on a third of an acre with a detached garage and two carports, that gap is hard to ignore.

The house is 1,334 square feet, three bedrooms, two baths, built in 1960. Brick ranches from this era tend to hold up well structurally. The bones here are the exterior itself: brick does not rot, does not need painting, and does not apologize for its age the way wood siding does. What you are buying is a house that has been standing for 65 years and will likely keep standing.

The agent description leans on phrases like "make your own," which is the polite way of saying there is cosmetic work ahead. No system dates are listed anywhere, which means you need to ask about the roof, HVAC, and water heater before you do anything else. The listing has been sitting for 114 days, and the market here has seen price cuts on a third of listings with a sale-to-list ratio of about 94 cents on the dollar. That is a buyer's market in plain terms, and it gives you room to negotiate.

The lot is 0.33 acres, which is a real backyard. The parking situation is genuinely unusual for a house at this price: an attached one-car carport, a detached garage, and a second carport off the garage. If you have vehicles, tools, a trailer, or hobbies that need covered space, this property handles that in a way most houses twice the price do not.

A family that wants a low-maintenance exterior, room outside to breathe, and covered parking for multiple vehicles can do a lot with this. The cosmetic work is the price of admission, and at $130,000, the admission is low.

Originally listed for $130,000, this property sold for $132,000 on October 22, 2026 after 32 days on the market.

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