Farragut, TN Foreclosures
How much do homes sell for in Farragut, TN?
The average home price is currently $362,913.
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 $1,430.
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 a picturesque suburban town nestled near Knoxville, known for its family-oriented environment and abundance of outdoor activities. The community excels in education with quality schools, recreational parks, and convenient access to urban amenities. A blend of charm and modern conveniences makes Farragut a desirable place to live.
Current Market Conditions in Farragut, TN
The Farragut real estate market is currently experiencing steady demand, driven by the town's excellent schools and family-friendly environment. The market has seen an influx of buyers looking for suburban living near a bustling city, contributing to the rise in property values.
Homes in Farragut are highly sought after, with a mix of new construction and established properties. The competition among buyers remains high, resulting in relatively quick sales. Many homes are receiving multiple offers, leading to higher selling prices than the original listing.
Due to the low inventory of available homes, prospective buyers may find challenges in securing a property, pushing them to act quickly when a desirable listing hits the market.
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.
Learn more on Foreclosure homes
