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Foreclosures in Ardmore, TN 38453

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Living in Ardmore, TN

Ardmore, TN, offers a charming small-town atmosphere with access to outdoor recreation, quality schools, and a strong community spirit. Residents enjoy a peaceful lifestyle while being conveniently located near larger cities. The area provides numerous amenities, making it a desirable place for families and individuals alike.

Current Market Conditions in Ardmore, TN

The real estate market in Ardmore is currently seeing consistent interest from potential homebuyers, contributing to a stable environment for property investment. With a mix of affordable and higher-end homes available, investors have various options depending on their budget and goals.

Recent trends indicate a gradual increase in home values, driven by local economic development and the appeal of the region's lifestyle. More families are moving to Ardmore, which enhances the demand for housing and investment opportunities.

Home Value Estimator For Ardmore, TN

There are currently 1,204 real estate properties in Ardmore, TN, with a median automated valuation model (AVM) price of $211,871.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Ardmore, 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 Ardmore, TN, is $286,050.00, with the most expensive house in Ardmore, TN, topping out at $6,491,305.00 and the cheapest home in Ardmore, TN, clocking in at $7,798.00. In other words, there’s something for every potential homebuyer or savvy investor in Ardmore, TN!

Rent Prices In Ardmore, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Ardmore, TN, is on a rollercoaster ride. The average rent price in Ardmore, TN, is $1,120.00. Indeed, when looking to rent in Ardmore, TN, you can expect to pay as little as $440.00 or as much as $2,160.00, with the average rent median estimated to be $1,070.00. The good news is that finding an affordable and desirable property to rent in Ardmore, 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.

Ardmore, TN 38453 Foreclosures

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