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Foreclosure Homes in Algood, TN 38501

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Algood, TN Foreclosures

Current Market Conditions in in Algood, TN As of April 2026?
In the past month, Algood's housing market has experienced a slight increase in listings as sellers take advantage of low mortgage rates. Homes that are well-maintained and priced competitively tend to sell quickly, often attracting multiple offers. The average days on the market have decreased, showing strong demand for homes in the area. The community's appeal continues to grow as more people seek the tranquillity of small-town living while remaining close to urban conveniences.
How much do homes sell for in Algood, TN?
The average home price is currently $179,287.
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 $2,495,211.
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, Tennessee offers a serene rural lifestyle with a strong sense of community. Nestled in the beautiful Upper Cumberland region, it boasts great educational facilities and numerous outdoor recreational opportunities. With easy access to Interstate 40, residents can enjoy both the tranquility of small-town living and the amenities of nearby cities.

Buyer vs Seller Market in Algood, TN

The real estate market in Algood has been relatively stable, with a healthy balance of demand and supply. The small-town charm and family-friendly environment attract homebuyers looking for lower prices compared to larger cities.

Recent trends indicate an uptick in interest from first-time homebuyers and families. Properties are typically priced affordably, creating opportunities for investors and new residents looking to settle in the area.

Home Value Estimator For Algood, TN

There are currently 940 real estate properties in Algood, TN, with a median automated valuation model (AVM) price of $100,286.00. 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 $179,287.00, with the most expensive house in Algood, TN, topping out at $2,495,211.00 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.

Algood, TN 38501 Foreclosures


Market Trend for Algood, TN

Total Listings Available: 0

Market Values:

Home Prices from $6,246 to $2,495,211

Average Sales Price: $179,287

Rental Values:

Rental from $490 to $2,260

Average Rent Value: $926 / month

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