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Preforeclosure Homes in Decatur, TN

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Living in Decatur, TN

Decatur, TN is a serene small town offering a tight-knit community atmosphere and beautiful natural surroundings. It features a blend of local shops and outdoor activities, making it a perfect place for families and nature lovers alike. With convenient access to larger cities, Decatur promises both tranquility and opportunity.

Current Market Conditions in Decatur, TN

The real estate market in Decatur shows a healthy trend, with property values steadily increasing over the past year. The demand for homes in this peaceful area is growing due to its appealing lifestyle and natural surroundings. Buyers are finding a variety of options, from cozy cabins to more modern family homes, all at competitive prices.

Investors and first-time homebuyers alike are flocking to Decatur for affordable housing options. The current market conditions indicate a demand-supply balance, making it a favorable time to purchase a home. With the charm of the town and its beautiful surroundings, new residents are contributing to community growth.

Home Value Estimator For Decatur, TN

There are currently 3,244 real estate properties in Decatur, TN, with a median automated valuation model (AVM) price of $154,100.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Decatur, 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 Decatur, TN, is $200,345.00, with the most expensive house in Decatur, TN, topping out at $6,018,500.00 and the cheapest home in Decatur, TN, clocking in at $6,238.00. In other words, there’s something for every potential homebuyer or savvy investor in Decatur, TN!

Rent Prices In Decatur, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Decatur, TN, is on a rollercoaster ride. The average rent price in Decatur, TN, is $988.00. Indeed, when looking to rent in Decatur, TN, you can expect to pay as little as $450.00 or as much as $2,320.00, with the average rent median estimated to be $940.00. The good news is that finding an affordable and desirable property to rent in Decatur, 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.

Decatur, TN Preforeclosure Homes


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