Bloomington Springs, TN Foreclosures
How much do homes sell for in Bloomington Springs, TN?
The average home price is currently $245,280.
In Bloomington Springs, TN, how many homes are available?
There are currently 2 active home listings available in Bloomington Springs.
What’s the average rental cost in Bloomington Springs, TN?
The average rental price in Bloomington Springs is $912.
What is the most expensive home in Bloomington Springs?
The most expensive home sold in Bloomington Springs had a price of $1,778,700.
What is currently the cheapest priced home in Bloomington Springs, TN?
The cheapest home for sale in Bloomington Springs is priced at $7,062.
Living in Bloomington Springs, TN
Bloomington Springs, TN, is a tranquil small town characterized by its close-knit community and beautiful natural surroundings. It offers residents a peaceful lifestyle with ample outdoor activities, including hiking and fishing, making it perfect for families and nature enthusiasts alike. With essential local amenities and a strong community spirit, Bloomington Springs is a lovely place to call home.
Current Market Conditions in Bloomington Springs, TN
The real estate market in Bloomington Springs, TN, is showing signs of steady growth, with an increasing number of buyers looking for properties that offer a peaceful, rural lifestyle. While the market remains relatively small, the demand for homes has risen due to the expanding desire for more space and a connection with nature. This trend indicates a promising outlook for both buyers and sellers in the area, with home values gradually appreciating as more people discover the unique charm of this community.
Recent trends in Bloomington Springs indicate a balanced market where inventory remains consistent but slightly lower than demand. Staff projections suggest that values may increase over the next year, making it an advantageous time for homeowners to consider selling. The desirability of the location is likely to continue attracting new residents, further enhancing property values.
Home Value Estimator For Bloomington Springs, TN
There are currently 525 real estate properties
in Bloomington Springs, TN,
with a median automated valuation model (AVM) price
of $204,619.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Bloomington Springs, 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 Bloomington Springs, TN,
is $245,280.00, with the most expensive house
in Bloomington Springs, TN, topping out
at $1,778,700.00 and the cheapest home
in Bloomington Springs, TN,
clocking in at $7,062.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Bloomington Springs, TN!
Rent Prices
In Bloomington Springs, TN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Bloomington Springs, TN, is on
a rollercoaster ride. The
average rent price in Bloomington Springs, TN,
is $912.00. Indeed, when looking to rent in
Bloomington Springs, TN, you can expect to pay as little
as $460.00 or as much
as $1,800.00,
with the average rent median estimated to
be $880.00. The good news is that finding
an affordable and desirable property to rent in Bloomington Springs, 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
