Foreclosure Homes in Burns, TN 37029

Current Market Conditions in Burns, TN

The real estate market in Burns, TN has shown a steady increase over the past year, as more people are seeking the tranquility of small-town living. Homes are being sold quickly, often above asking prices, due to high demand and limited inventory. Investors are noticing this trend and are starting to consider Burns as a potential area for growth and development.

As of recently, Burns has seen a surge in home renovations and new construction projects, indicating a robust local real estate market that is responding to the needs of its residents.

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.