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Foreclosure Homes in Erin, TN 37061

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Erin, TN Foreclosures

How much do homes sell for in Erin, TN?
The average home price is currently $260,207.
In Erin, TN, how many homes are available?
There are currently 10 active home listings available in Erin.
What’s the average rental cost in Erin, TN?
The average rental price in Erin is $1,031.
What is the most expensive home in Erin?
The most expensive home sold in Erin had a price of $32,818,807.
What is currently the cheapest priced home in Erin, TN?
The cheapest home for sale in Erin is priced at $10,003.

Living in Erin, TN

Erin is a charming small town located in the heart of Tennessee, known for its friendly community and beautiful landscapes. The area combines a rich history with modern conveniences, offering a peaceful rural lifestyle with easy access to outdoor activities. Residents appreciate the strong sense of community and the welcoming atmosphere of Erin.

Current Market Conditions in Erin, TN

The real estate market in Erin, TN has experienced steady growth over the past few years, attracting new residents looking for affordable housing options in a picturesque setting. The demand for homes in the area has risen due to the town's appealing lifestyle and strong community feel, resulting in increasing property values.

Despite the rising prices, Erin remains competitive compared to larger urban areas, making it an attractive destination for first-time homebuyers and retirees. Sellers are seeing properties sell faster, with many homes receiving multiple offers, indicating a tight market.

Home Value Estimator For Erin, TN

There are currently 2,368 real estate properties in Erin, TN, with a median automated valuation model (AVM) price of $186,196.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Erin, 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 Erin, TN, is $260,207.00, with the most expensive house in Erin, TN, topping out at $32,818,807.00 and the cheapest home in Erin, TN, clocking in at $10,003.00. In other words, there’s something for every potential homebuyer or savvy investor in Erin, TN!

Rent Prices In Erin, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Erin, TN, is on a rollercoaster ride. The average rent price in Erin, TN, is $1,031.00. Indeed, when looking to rent in Erin, TN, you can expect to pay as little as $500.00 or as much as $2,260.00, with the average rent median estimated to be $990.00. The good news is that finding an affordable and desirable property to rent in Erin, 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.

Erin, TN 37061 Foreclosures

Market Trend for Erin, TN

Total Listings Available: 10

Market Values:

Home Prices from $10,003 to $32,818,807

Average Sales Price: $260,207

Rental Values:

Rental from $500 to $2,260

Average Rent Value: $1,031 / month

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