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Affordable Housing in Erwin, TN

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Erwin, TN Foreclosures

Current Market Conditions in in Erwin, TN As of February 2026?
In the past month, Erwin’s real estate market has shown some positive growth signs, with an increase in home listings and a slight uptick in average prices. More people are showing interest in moving to more rural areas like Erwin, particularly given the post-pandemic emphasis on spacious living. The open houses have seen increased attendance, indicating a healthy demand as buyers look for properties that balance affordability with quality of life.
How much do homes sell for in Erwin, TN?
The average home price is currently $208,387.
In Erwin, TN, how many homes are available?
There are currently 4 active home listings available in Erwin.
What’s the average rental cost in Erwin, TN?
The average rental price in Erwin is $951.
What is the most expensive home in Erwin?
The most expensive home sold in Erwin had a price of $9,655,143.
What is currently the cheapest priced home in Erwin, TN?
The cheapest home for sale in Erwin is priced at $9,358.

Living in Erwin, TN

Erwin, TN, is a picturesque town nestled in the heart of the Appalachian Mountains, offering a rich blend of outdoor activities and small-town charm. With easy access to the Appalachian Trail and a vibrant community, it's an ideal location for nature lovers and families alike. Residents enjoy a variety of amenities, including good schools and local events that foster a close community spirit.

Buyer vs Seller Market in Erwin, TN

Erwin is experiencing a gradual increase in real estate interest, driven by its appealing qualities such as natural beauty and affordable living. Homes are attracting new buyers, particularly those looking for vacation properties or a quieter lifestyle compared to urban areas.

The demand for homes in Erwin has remained stable, with a consistent appreciation of property values. This trend reflects the growing popularity of rural living and the desire for more space and outdoor opportunities.

Home Value Estimator For Erwin, TN

There are currently 6,504 real estate properties in Erwin, TN, with a median automated valuation model (AVM) price of $180,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Erwin, 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 Erwin, TN, is $208,387.00, with the most expensive house in Erwin, TN, topping out at $9,655,143.00 and the cheapest home in Erwin, TN, clocking in at $9,358.00. In other words, there’s something for every potential homebuyer or savvy investor in Erwin, TN!

Rent Prices In Erwin, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Erwin, TN, is on a rollercoaster ride. The average rent price in Erwin, TN, is $951.00. Indeed, when looking to rent in Erwin, TN, you can expect to pay as little as $510.00 or as much as $2,760.00, with the average rent median estimated to be $910.00. The good news is that finding an affordable and desirable property to rent in Erwin, 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.

Erwin, TN Affordable Housing


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