Foreclosure Homes in Fairview, TN 37062

Current Market Conditions in Fairview, TN

The real estate market in Fairview remains strong, characterized by a steady increase in property values over the past year. With a growing population and increased interest in suburban living, the demand for homes has risen, making buyers more competitive. New construction projects and developments are also contributing to the market's vitality, providing diverse options for homebuyers.

Recent trends show that homes in Fairview are selling quickly, often above the listing price, due to limited inventory. The average time on the market for listings has decreased, indicative of a seller's market where buyers are eager to secure homes in this desirable area. Real estate professionals are advising potential buyers to act swiftly to take advantage of favorable interest rates before they potentially rise.

Rent Prices In Fairview, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Fairview, TN, is on a rollercoaster ride. The average rent price in Fairview, TN, is $1,503.00. Indeed, when looking to rent in Fairview, TN, you can expect to pay as little as $640.00 or as much as $2,820.00, with the average rent median estimated to be $1,450.00. The good news is that finding an affordable and desirable property to rent in Fairview, 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.