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Foreclosure Homes in Burns, TN 37029

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Burns, TN Foreclosures

How much do homes sell for in Burns, TN?
The average home price is currently $471,152.
In Burns, TN, how many homes are available?
There are currently 10 active home listings available in Burns.
What’s the average rental cost in Burns, TN?
The average rental price in Burns is $1,165.
What is the most expensive home in Burns?
The most expensive home sold in Burns had a price of $12,315,500.
What is currently the cheapest priced home in Burns, TN?
The cheapest home for sale in Burns is priced at $11,040.

Living in Burns, TN

BURNS, TN is a charming small town that offers a peaceful rural lifestyle enriched with nature and community spirit. With various recreational activities and convenient amenities, it serves as a perfect place to live and invest in real estate. Its welcoming atmosphere is ideal for families and retirees alike.

Current Market Conditions in Burns, TN

The real estate market in BURNS, TN is currently experiencing a steady growth trend, with an increasing demand for homes that offer spacious living and a peaceful environment. As people seek more space and affordable housing options, Burns presents an attractive opportunity for real estate investors.

With property values showing a gradual increase, investing in Burns is becoming increasingly favorable. The location's appeal due to its nature-centric lifestyle and community amenities continues to drive interest among home buyers.

Home Value Estimator For Burns, TN

There are currently 2,352 real estate properties in Burns, TN, with a median automated valuation model (AVM) price of $427,362.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Burns, 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 Burns, TN, is $471,152.00, with the most expensive house in Burns, TN, topping out at $12,315,500.00 and the cheapest home in Burns, TN, clocking in at $11,040.00. In other words, there’s something for every potential homebuyer or savvy investor in Burns, TN!

Rent Prices In Burns, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Burns, TN, is on a rollercoaster ride. The average rent price in Burns, TN, is $1,165.00. Indeed, when looking to rent in Burns, TN, you can expect to pay as little as $650.00 or as much as $2,440.00, with the average rent median estimated to be $1,150.00. The good news is that finding an affordable and desirable property to rent in Burns, 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.

Burns, TN 37029 Foreclosures

Market Trend for Burns, TN

Total Listings Available: 10

Market Values:

Home Prices from $11,040 to $12,315,500

Average Sales Price: $471,152

Rental Values:

Rental from $650 to $2,440

Average Rent Value: $1,165 / month

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