Foreclosure Homes in Bean Station, TN 37708

Current Market Conditions in Bean Station, TN

The real estate market in Bean Station remains steady, with a mix of affordable homes and picturesque properties. Buyers are drawn to the area for its blend of rural charm and proximity to larger urban centers, which has kept demand relatively stable. Recent trends indicate that home values have experienced modest increases as more people seek homes in quieter communities.

As of late 2023, the local housing market has been showing signs of resilience despite national trends. The average time homes are on the market has decreased, indicating increased buyer interest. In recent months, properties are receiving multiple offers, particularly those priced competitively.

Rent Prices In Bean Station, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Bean Station, TN, is on a rollercoaster ride. The average rent price in Bean Station, TN, is $1,022.00. Indeed, when looking to rent in Bean Station, TN, you can expect to pay as little as $510.00 or as much as $2,140.00, with the average rent median estimated to be $990.00. The good news is that finding an affordable and desirable property to rent in Bean Station, 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.