Buying city property has tremendous potential because you have the opportunity to turn a neglected eyesore into a real estate gem … at a fraction of the cost. Click on a listing below to begin search for city-owned properties for sale in your area. Don't overpay for your next home in Drummonds, TN. There are 16 discounted homes for sale in Drummonds, TN we think you'll love.
Drummonds, TN is a small, inviting community known for its rural charm and friendly residents. With easy access to Memphis and several outdoor activities, it is a great place for families looking for both peace and community life. Good schools and local amenities further enhance its attractiveness as a place to live.
There are currently 2,169 real estate properties in Drummonds, TN, with a median automated valuation model (AVM) price of $228,362.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Drummonds, 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 Drummonds, TN, is $233,751.00, with the most expensive house in Drummonds, TN, topping out at $2,168,321.00 and the cheapest home in Drummonds, TN, clocking in at $10,028.00. In other words, there’s something for every potential homebuyer or savvy investor in Drummonds, TN!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Drummonds, TN, is on a rollercoaster ride. The average rent price in Drummonds, TN, is $1,174.00. Indeed, when looking to rent in Drummonds, TN, you can expect to pay as little as $730.00 or as much as $2,160.00, with the average rent median estimated to be $1,180.00. The good news is that finding an affordable and desirable property to rent in Drummonds, 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.
Millions of people receive foreclosure alerts daily, don't miss out.
Learn more on Foreclosure homes
