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Foreclosures in Farragut, TN

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Farragut, TN Foreclosures

How much do homes sell for in Farragut, TN?
The average home price is currently $401,454.
In Farragut, TN, how many homes are available?
There are currently 1 active home listings available in Farragut.
What’s the average rental cost in Farragut, TN?
The average rental price in Farragut is $1,426.
What is the most expensive home in Farragut?
The most expensive home sold in Farragut had a price of $6,454,413.
What is currently the cheapest priced home in Farragut, TN?
The cheapest home for sale in Farragut is priced at $16,916.

Living in Farragut, TN

Farragut, TN, is a picturesque suburb of Knoxville, offering a blend of suburban charm and natural beauty. With top-rated schools, abundant outdoor activities, and a friendly community, it is ideal for families seeking a peaceful yet connected lifestyle. Residents appreciate the town's amenities and recreation options, making it a desirable place to live.

Current Market Conditions in Farragut, TN

Farragut's real estate market remains competitive, with a consistent demand for homes. Families continue to be drawn to the area, contributing to a steady increase in home values. In recent months, properties have been selling faster than the previous year, highlighting the desirability of this suburban area.

The market has shown resilience despite economic fluctuations, with a notable growth trend in new construction homes and townhomes catering to buyers looking for modern amenities and low maintenance living.

Home Value Estimator For Farragut, TN

There are currently 459 real estate properties in Farragut, TN, with a median automated valuation model (AVM) price of $261,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in 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 $401,454.00, with the most expensive house in Farragut, TN, topping out at $6,454,413.00 and the cheapest home in Farragut, TN, clocking in at $16,916.00. 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 $1,426.00. 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 Foreclosures

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