Dresden, TN Foreclosures
How much do homes sell for in Dresden, TN?
The average home price is currently $193,294.
What’s the average rental cost in Dresden, TN?
The average rental price in Dresden is $869.
What is the most expensive home in Dresden?
The most expensive home sold in Dresden had a price of $5,597,765.
What is currently the cheapest priced home in Dresden, TN?
The cheapest home for sale in Dresden is priced at $6,102.
Living in Dresden, TN
Dresden, TN, offers a quaint and welcoming small-town atmosphere enriched by a strong sense of community. Known for its beautiful landscapes and friendly residents, Dresden features essential amenities like shops and restaurants. The area is an excellent choice for families, with quality schools and recreational activities available.
Current Market Conditions in Dresden, TN
Dresden's real estate market is currently experiencing moderate growth, with an increasing number of buyers drawn to the affordability and charm of the area. Despite being a small town, Dresden offers a diverse range of properties, from cozy family homes to more spacious country houses. The community’s appeal is driven by its friendly atmosphere and quality of life.
Over the past few months, there has been a notable rise in interest for homes in the area, particularly among first-time buyers and those seeking retirement properties. The local economy is stable, with employment opportunities in agriculture, education, and retail continuing to support the housing market.
Overall, Dresden remains a competitive market, where buyers and investors can find good opportunities at reasonable prices.
Home Value Estimator For Dresden, TN
There are currently 2,801 real estate properties
in Dresden, TN,
with a median automated valuation model (AVM) price
of $144,917.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Dresden, 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 Dresden, TN,
is $193,294.00, with the most expensive house
in Dresden, TN, topping out
at $5,597,765.00 and the cheapest home
in Dresden, TN,
clocking in at $6,102.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Dresden, TN!
Rent Prices
In Dresden, TN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Dresden, TN, is on
a rollercoaster ride. The
average rent price in Dresden, TN,
is $869.00. Indeed, when looking to rent in
Dresden, TN, you can expect to pay as little
as $480.00 or as much
as $1,760.00,
with the average rent median estimated to
be $820.00. The good news is that finding
an affordable and desirable property to rent in Dresden, 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.
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