Living in Baxter, TN
Baxter, TN, is a charming town that offers a blend of natural beauty and a warm community atmosphere. Known for its outdoor recreational opportunities and friendly residents, it provides a peaceful lifestyle while remaining close to urban conveniences. Baxter's local culture is enriched by its festivals and community events, making it a fantastic place to call home.
Current Market Conditions in Baxter, TN
The real estate market in Baxter, TN, is currently experiencing a steady increase in demand, driven by the appeal of the small-town atmosphere and the charm of the surrounding nature. With more homebuyers looking for affordable options away from urban centers, Baxter has become a desirable location for families and retirees seeking a quieter lifestyle. The average property values have seen an upward trend, indicating a healthy market.
Investors are also beginning to recognize the potential in Baxter as the town develops further, with new businesses and amenities arriving, contributing to local economic growth. As more people discover the benefit of living here, the real estate market is likely to continue thriving.
Home Value Estimator For Baxter, TN
There are currently 3,844 real estate properties
in Baxter, TN,
with a median automated valuation model (AVM) price
of $209,658.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Baxter, 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 Baxter, TN,
is $258,515.00, with the most expensive house
in Baxter, TN, topping out
at $46,469,800.00 and the cheapest home
in Baxter, TN,
clocking in at $5,996.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Baxter, TN!
Rent Prices
In Baxter, TN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Baxter, TN, is on
a rollercoaster ride. The
average rent price in Baxter, TN,
is $952.00. Indeed, when looking to rent in
Baxter, TN, you can expect to pay as little
as $400.00 or as much
as $2,260.00,
with the average rent median estimated to
be $890.00. The good news is that finding
an affordable and desirable property to rent in Baxter, 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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