Reasons to Move to Shelby County, TN
Prospective homebuyers are clearly taking advantage of the current interest rates and numerous government assistance programs. These interest rates mean homebuyers in Shelby County can now afford much more house for the same monthly payment compared to when rates are higher. Motivated and opportunistic sellers in Shelby County can field multiple offers from more qualified buyers, making it a dynamic market for both buyers and sellers.
What type of property to buy in Shelby County,
Our extensive database in Shelby County includes preforeclosures, foreclosure auction properties, bankruptcies, REOs (real estate owned by lenders), and properties from HUD, VA, Fannie Mae, and other government agencies in Shelby County. We also feature listings from over 100 corporate sellers. Our information is updated daily, sourced directly from these entities, ensuring you receive the freshest and most accurate data. This meticulously compiled and organized collection makes your search as straightforward as possible. Only www.foreclosure.com offers this unparalleled, trustworthy resource, backed by our commitment to providing expert, authoritative, and up-to-date information. Visit our FAQ section to read more about the different listing types and how to purchase them.
Pros and Cons of Living in Shelby County, TN
How do you know that living in—or moving to— Shelby County is the right choice for you? Perhaps you grew up in Shelby County or already live nearby, making the decision to buy a home here a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Shelby County for work or just looking for a fresh start, understanding the neighborhood from afar (online) can be challenging and exhausting.
Here are some expert tips to consider when shopping for foreclosed homes for sale in Shelby County:
- Neighborhood Environment: Do you prefer a suburban, urban, or rural setting?
- Shopping and Dining: What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local), and businesses (small, big, mixed) would you like nearby?
- Leisure Activities: What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
- Commute: What type of commute (car, plane, home office) suits your lifestyle?
Creating a "Pros vs. Cons" list of what you need in a home and neighborhood is always a helpful step in making an informed decision. With expert insights and up-to-date market data from foreclosure.com, you can confidently explore the opportunities in Shelby County, .
Piperton, TN Foreclosures
How much do homes sell for in Piperton, TN?
The average home price is currently $680,432.
What’s the average rental cost in Piperton, TN?
The average rental price in Piperton is $2,316.
What is the most expensive home in Piperton?
The most expensive home sold in Piperton had a price of $2,979,104.
What is currently the cheapest priced home in Piperton, TN?
The cheapest home for sale in Piperton is priced at $29,144.
Living in Piperton, TN
Piperton, TN is a quaint and welcoming town that offers a blend of rural charm and suburban convenience. It boasts excellent schools, beautiful parks, and a strong sense of community. Located just a short drive from Memphis, residents enjoy easy access to city amenities while residing in a peaceful area.
Current Market Conditions in Piperton, TN
The real estate market in Piperton has been experiencing steady growth over the past few years. Demand for homes has increased due to the town's appealing lifestyle and proximity to Memphis, leading to a 20% increase in property values since last year. Many buyers are drawn to the area for its family-friendly environment and affordable housing compared to larger cities.
Currently, the market is competitive with a balanced supply of homes for sale. Properties are selling faster, and many listings receive multiple offers, indicating a seller's market. The average days on market for homes in Piperton is around 30 days, reflecting a strong interest among buyers.
Home Value Estimator For Piperton, TN
There are currently 294 real estate properties
in Piperton, TN,
with a median automated valuation model (AVM) price
of $715,099.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Piperton, 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 Piperton, TN,
is $680,432.00, with the most expensive house
in Piperton, TN, topping out
at $2,979,104.00 and the cheapest home
in Piperton, TN,
clocking in at $29,144.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Piperton, TN!
Rent Prices
In Piperton, TN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Piperton, TN, is on
a rollercoaster ride. The
average rent price in Piperton, TN,
is $2,316.00. Indeed, when looking to rent in
Piperton, TN, you can expect to pay as little
as $670.00 or as much
as $3,520.00,
with the average rent median estimated to
be $2,210.00. The good news is that finding
an affordable and desirable property to rent in Piperton, 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
