Algood, TN Foreclosures
How much do homes sell for in Algood, TN?
The average home price is currently $170,986.
What’s the average rental cost in Algood, TN?
The average rental price in Algood is $926.
What is the most expensive home in Algood?
The most expensive home sold in Algood had a price of $2,536,627.
What is currently the cheapest priced home in Algood, TN?
The cheapest home for sale in Algood is priced at $6,246.
Living in Algood, TN
Algood, TN is a quaint and welcoming town that offers residents a peaceful lifestyle with friendly neighbors. Known for its excellent schools and numerous parks, Algood is perfect for families and individuals seeking comfort in a rural setting. The town is conveniently located near larger communities, offering a mix of small-town charm and easy access to urban conveniences.
Current Market Conditions in Algood, TN
The real estate market in Algood, TN has shown steady growth in recent months, with increased interest from homebuyers due to its affordable housing and pleasant living conditions. Properties are moving quickly, as demand often outpaces supply, and prices are trending upwards, making it a competitive market for buyers looking to invest.
In the past month, there has been a noticeable uptick in home sales as buyers are seeking homes in Algood for its attractive amenities and community feel. This increase is propelling prices and encouraging new developments to cater to the growing population. As more people discover the benefits of living in Algood, properties are gaining value.
Home Value Estimator For Algood, TN
There are currently 936 real estate properties
in Algood, TN,
with a median automated valuation model (AVM) price
of $97,560.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Algood, 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 Algood, TN,
is $170,986.00, with the most expensive house
in Algood, TN, topping out
at $2,536,627.00 and the cheapest home
in Algood, TN,
clocking in at $6,246.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Algood, TN!
Rent Prices
In Algood, TN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Algood, TN, is on
a rollercoaster ride. The
average rent price in Algood, TN,
is $926.00. Indeed, when looking to rent in
Algood, TN, you can expect to pay as little
as $490.00 or as much
as $2,260.00,
with the average rent median estimated to
be $790.00. The good news is that finding
an affordable and desirable property to rent in Algood, 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.
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