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Multi-family Foreclosures in Farragut, TN 37922

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Farragut, TN Foreclosures

How much do homes sell for in Farragut, TN?
The average home price is currently $362,913.
What’s the average rental cost in Farragut, TN?
The average rental price in Farragut is $1,430.
What is the most expensive home in Farragut?
The most expensive home sold in Farragut had a price of $3,239,439.
What is currently the cheapest priced home in Farragut, TN?
The cheapest home for sale in Farragut is priced at $14,985.

Living in Farragut, TN

Farragut, TN, is an inviting suburban community located just outside Knoxville, celebrated for its excellent schools, abundance of parks, and vibrant local shops and restaurants. With its ideal mix of urban conveniences and suburban tranquility, Farragut is perfect for families and professionals alike. Residents can enjoy a variety of outdoor activities while having quick access to the city’s amenities.

Current Market Conditions in Farragut, TN

The real estate market in Farragut is currently strong, with a steady demand for homes due to the area's reputation for quality education and family-friendly activities. Many buyers are drawn to its peaceful neighborhoods and a close-knit community feel, which continues to drive up property values.

Recent trends show that homes are selling quickly, often above listing price, as inventory remains low. Buyers are competing for a limited selection of homes, which suggests that the market will likely remain favorable for sellers for the foreseeable future.

Home Value Estimator For Farragut, TN

There are currently 430 real estate properties in Farragut, TN, with a median automated valuation model (AVM) price of $253,710.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Farragut, 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 Farragut, TN, is $362,913.00, with the most expensive house in Farragut, TN, topping out at $3,239,439.00 and the cheapest home in Farragut, TN, clocking in at $14,985.00. In other words, there’s something for every potential homebuyer or savvy investor in Farragut, TN!

Rent Prices In Farragut, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Farragut, TN, is on a rollercoaster ride. The average rent price in Farragut, TN, is $1,430.00. Indeed, when looking to rent in Farragut, TN, you can expect to pay as little as $850.00 or as much as $3,680.00, with the average rent median estimated to be $1,360.00. The good news is that finding an affordable and desirable property to rent in Farragut, 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.

Farragut, TN 37922 Multi-family Homes


Market Trend for Farragut, TN

Total Listings Available: 0

Market Values:

Home Prices from $14,985 to $3,239,439

Average Sales Price: $362,913

Rental Values:

Rental from $850 to $3,680

Average Rent Value: $1,430 / month

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