Rockwood, TN Foreclosures
How much do homes sell for in Rockwood, TN?
The average home price is currently $240,293.
What’s the average rental cost in Rockwood, TN?
The average rental price in Rockwood is $1,058.
What is the most expensive home in Rockwood?
The most expensive home sold in Rockwood had a price of $8,601,806.
What is currently the cheapest priced home in Rockwood, TN?
The cheapest home for sale in Rockwood is priced at $2,584.
Living in Rockwood, TN
Rockwood, TN, is a small town with a close-knit community atmosphere, abundant outdoor recreational activities, and convenient access to major highways. It's an ideal place for families and individuals looking for a peaceful lifestyle amidst beautiful natural surroundings.
Current Market Conditions in Rockwood, TN
The real estate market in Rockwood, TN, has seen a steady increase in demand, driven by the attractive rural lifestyle and outdoor recreational opportunities. In recent months, home prices have generally been stable, with a slight uptick as more buyers look to escape city living for a quieter environment. Properties are moving quickly, especially those near the lake or with larger lots.
Investors may find Rockwood to be a hidden gem, with home prices still below the national average. As families seek out homes in areas with good schools and outdoor activities, Rockwood's appeal is likely to grow, indicating a positive trend for future property values.
Home Value Estimator For Rockwood, TN
There are currently 5,774 real estate properties
in Rockwood, TN,
with a median automated valuation model (AVM) price
of $177,240.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Rockwood, TN, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Rockwood, TN,
is $240,293.00, with the most expensive house
in Rockwood, TN, topping out
at $8,601,806.00 and the cheapest home
in Rockwood, TN,
clocking in at $2,584.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Rockwood, TN!
Rent Prices
In Rockwood, TN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Rockwood, TN, is on
a rollercoaster ride. The
average rent price in Rockwood, TN,
is $1,058.00. Indeed, when looking to rent in
Rockwood, TN, you can expect to pay as little
as $490.00 or as much
as $2,180.00,
with the average rent median estimated to
be $1,020.00. The good news is that finding
an affordable and desirable property to rent in Rockwood, TN
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
