Farragut, TN Foreclosures
Current Market Conditions in in Farragut, TN As of April 2026?
Over the past month, Farragut's real estate market has seen a slight increase in home sales, with a noteworthy uptick in the number of showings per listing. This trend indicates a growing interest among buyers, which may lead to more competitive bidding situations. Prices have remained stable, yet there is a noticeable increase in offers being made, reflecting a favorable environment for sellers. Realtors are optimistic about the sustained interest in the area as it offers a great balance of lifestyle and location.
How much do homes sell for in Farragut, TN?
The average home price is currently $399,991.
In Farragut, TN, how many homes are available?
There are currently 2 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 $16,504.
Living in Farragut, TN
Farragut is a vibrant suburb of Knoxville, Tennessee, known for its family-friendly atmosphere and excellent schools. The area offers a blend of recreational opportunities, shopping, and dining, making it a desirable place to live. Residents appreciate the scenic parks and proximity to outdoor activities, as well as the tight-knit community feel.
Buyer vs Seller Market in Farragut, TN
Farragut's real estate market has remained strong, with a steady demand for homes driven by its reputation for quality schools and family-friendly amenities. The area has witnessed consistent price appreciation over the last few years, signaling a healthy market environment. Inventory levels are moderate, and homes tend to sell quickly, especially those within good school districts.
Investors and buyers looking for opportunities in Farragut enjoy a competitive market, with a growing trend in renovations and new constructions. Many families are moving to the area, increasing demand for single-family homes, while condos and townhouses are also being developed to cater to diverse housing needs.
Home Value Estimator For Farragut, TN
There are currently 460 real estate properties
in Farragut, TN,
with a median automated valuation model (AVM) price
of $255,004.00. 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 $399,991.00, 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 $16,504.00. 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.
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