Foreclosure Homes in Caryville, TN

Current Market Conditions in Caryville, TN

Caryville's real estate market has shown steady growth over the past year, driven by an increase in demand for affordable housing in rural areas. The recent trend of remote working has attracted new residents seeking a quieter lifestyle, leading to an uptick in home purchases and a slight increase in home values.

With a relatively low inventory of available homes, sellers are experiencing competitive bidding situations, especially for well-maintained properties close to the lake. It's a favorable time for sellers, whereas buyers may need to act quickly to secure a house in this desirable area.

Rent Prices In Caryville, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Caryville, TN, is on a rollercoaster ride. The average rent price in Caryville, TN, is $1,063.00. Indeed, when looking to rent in Caryville, TN, you can expect to pay as little as $450.00 or as much as $2,940.00, with the average rent median estimated to be $990.00. The good news is that finding an affordable and desirable property to rent in Caryville, 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.