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Foreclosure Auction Homes in Erwin, TN

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Erwin, TN Foreclosures

How much do homes sell for in Erwin, TN?
The average home price is currently $196,986.
In Erwin, TN, how many homes are available?
There are currently 1 active home listings available in Erwin.
What’s the average rental cost in Erwin, TN?
The average rental price in Erwin is $951.
What is the most expensive home in Erwin?
The most expensive home sold in Erwin had a price of $5,381,937.
What is currently the cheapest priced home in Erwin, TN?
The cheapest home for sale in Erwin is priced at $9,358.

Living in Erwin, TN

Erwin, TN is a picturesque town located in the heart of the Appalachian Mountains, offering a blend of outdoor activities and a tight-knit community. With its rich history and beautiful landscapes, it provides a unique lifestyle for those seeking both adventure and tranquility. Close proximity to larger urban areas ensures convenience while maintaining a peaceful atmosphere.

Current Market Conditions in Erwin, TN

The real estate market in Erwin, TN has seen a steady increase in activity over the past year, with demand for homes rising as more people are discovering the charm and beauty of this town. Homes in the area are being snapped up quickly, reflecting a growing interest from buyers looking for affordable housing options in serene environments.

Properties have appreciated moderately in value, with some neighborhoods showing significantly higher demand due to their proximity to parks and schools. The market is competitive, making it essential for buyers to act quickly when they find a property that suits their needs.

Home Value Estimator For Erwin, TN

There are currently 5,352 real estate properties in Erwin, TN, with a median automated valuation model (AVM) price of $182,700.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Erwin, 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 Erwin, TN, is $196,986.00, with the most expensive house in Erwin, TN, topping out at $5,381,937.00 and the cheapest home in Erwin, TN, clocking in at $9,358.00. In other words, there’s something for every potential homebuyer or savvy investor in Erwin, TN!

Rent Prices In Erwin, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Erwin, TN, is on a rollercoaster ride. The average rent price in Erwin, TN, is $951.00. Indeed, when looking to rent in Erwin, TN, you can expect to pay as little as $510.00 or as much as $2,760.00, with the average rent median estimated to be $910.00. The good news is that finding an affordable and desirable property to rent in Erwin, 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.

Erwin, TN Foreclosure Auction Homes


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