Flag Pond, TN Foreclosures
How much do homes sell for in Flag Pond, TN?
The average home price is currently $218,169.
In Flag Pond, TN, how many homes are available?
There are currently 2 active home listings available in Flag Pond.
What’s the average rental cost in Flag Pond, TN?
The average rental price in Flag Pond is $884.
What is the most expensive home in Flag Pond?
The most expensive home sold in Flag Pond had a price of $1,134,844.
What is currently the cheapest priced home in Flag Pond, TN?
The cheapest home for sale in Flag Pond is priced at $11,050.
Living in Flag Pond, TN
Flag Pond is a quaint, rural community located in Northeast Tennessee, offering a tranquil lifestyle amidst beautiful natural scenery. Residents enjoy easy access to the great outdoors, with plenty of opportunities for hiking, fishing, and enjoying the scenic views of the Appalachian Mountains. Its close-knit atmosphere and friendly neighbors make it ideal for families and retirees alike.
Current Market Conditions in Flag Pond, TN
The real estate market in Flag Pond has seen a steady increase in demand over the past year, with more buyers looking for affordable homes in serene rural settings. The area remains attractive to those seeking second homes or vacation properties, as well as retirees looking to downsize. As a result, home values have been gradually rising, indicating a healthy market for sellers.
Currently, homes in Flag Pond typically sell within a reasonable timeframe, with properties getting multiple offers in some cases. The market is particularly favorable for single-family homes, which are the most sought-after type of residential property in the area.
Home Value Estimator For Flag Pond, TN
There are currently 361 real estate properties
in Flag Pond, TN,
with a median automated valuation model (AVM) price
of $168,748.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Flag Pond, 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 Flag Pond, TN,
is $218,169.00, with the most expensive house
in Flag Pond, TN, topping out
at $1,134,844.00 and the cheapest home
in Flag Pond, TN,
clocking in at $11,050.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Flag Pond, TN!
Rent Prices
In Flag Pond, TN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Flag Pond, TN, is on
a rollercoaster ride. The
average rent price in Flag Pond, TN,
is $884.00. Indeed, when looking to rent in
Flag Pond, TN, you can expect to pay as little
as $520.00 or as much
as $1,740.00,
with the average rent median estimated to
be $870.00. The good news is that finding
an affordable and desirable property to rent in Flag Pond, 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.