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Preforeclosure Homes in Lafayette, TN 37083

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Lafayette, TN Foreclosures

How much do homes sell for in Lafayette, TN?
The average home price is currently $264,143.
In Lafayette, TN, how many homes are available?
There are currently 5 active home listings available in Lafayette.
What’s the average rental cost in Lafayette, TN?
The average rental price in Lafayette is $1,102.
What is the most expensive home in Lafayette?
The most expensive home sold in Lafayette had a price of $3,039,303.
What is currently the cheapest priced home in Lafayette, TN?
The cheapest home for sale in Lafayette is priced at $10,495.

Living in Lafayette, TN

Lafayette, TN is a charming small town known for its friendly community, scenic landscapes, and wholesome lifestyle. It offers various outdoor activities, excellent schools, and ample local amenities while maintaining a peaceful environment that attracts families and retirees alike.

Current Market Conditions in Lafayette, TN

Currently, Lafayette's real estate market is showing a healthy balance of supply and demand, with an increasing number of listings becoming available. Home prices have stabilized, making it an attractive market for first-time homebuyers. The community's growth trend suggests that Lafayette will experience continued interest from homebuyers looking for affordable yet desirable locations.

The market is characterized by a diverse range of homes, from traditional single-family houses to modern new constructions, catering to various budgets and preferences. Over the past few months, some neighborhoods have witnessed a slight increase in median home prices, confirming the area's growing popularity among potential buyers.

Home Value Estimator For Lafayette, TN

There are currently 5,281 real estate properties in Lafayette, TN, with a median automated valuation model (AVM) price of $235,018.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lafayette, 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 Lafayette, TN, is $264,143.00, with the most expensive house in Lafayette, TN, topping out at $3,039,303.00 and the cheapest home in Lafayette, TN, clocking in at $10,495.00. In other words, there’s something for every potential homebuyer or savvy investor in Lafayette, TN!

Rent Prices In Lafayette, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lafayette, TN, is on a rollercoaster ride. The average rent price in Lafayette, TN, is $1,102.00. Indeed, when looking to rent in Lafayette, TN, you can expect to pay as little as $510.00 or as much as $1,900.00, with the average rent median estimated to be $1,090.00. The good news is that finding an affordable and desirable property to rent in Lafayette, 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.

Lafayette, TN 37083 Preforeclosure Homes


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