Living in Allred, TN
Allred, TN is a delightful small town known for its welcoming community and scenic landscapes. Residents enjoy a peaceful lifestyle with ample outdoor activities and strong local connections. It's a perfect blend of rural charm and proximity to larger urban areas.
Current Market Conditions in Allred, TN
The real estate market in Allred, TN is currently stable, with a slight increase in property values over the past few months. The demand for homes in the area remains steady, driven by families looking for a quieter lifestyle away from the bustling city.
Historically, Allred has seen a healthy turnover in homes, with many new families moving in due to the area's charm and affordability. Local real estate agents note that homes are selling within a reasonable time frame, suggesting that interest in the area is growing.
Home Value Estimator For Allred, TN
There are currently 18 real estate properties
in Allred, TN,
with a median automated valuation model (AVM) price
of $119,500.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Allred, 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 Allred, TN,
is $156,949.00, with the most expensive house
in Allred, TN, topping out
at $533,441.00 and the cheapest home
in Allred, TN,
clocking in at $16,719.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Allred, TN!
Rent Prices
In Allred, TN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Allred, TN, is on
a rollercoaster ride. The
average rent price in Allred, TN,
is $790.00. Indeed, when looking to rent in
Allred, TN, you can expect to pay as little
as $380.00 or as much
as $1,760.00,
with the average rent median estimated to
be $810.00. The good news is that finding
an affordable and desirable property to rent in Allred, 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
