Five Points, TN Foreclosures
How much do homes sell for in Five Points, TN?
The average home price is currently $252,467.
In Five Points, TN, how many homes are available?
There are currently 2 active home listings available in Five Points.
What’s the average rental cost in Five Points, TN?
The average rental price in Five Points is $976.
What is the most expensive home in Five Points?
The most expensive home sold in Five Points had a price of $1,928,881.
What is currently the cheapest priced home in Five Points, TN?
The cheapest home for sale in Five Points is priced at $10,040.
Living in Five Points, TN
Five Points, Tennessee, is a quaint small town nestled in the heart of rural Tennessee. This charming community offers a friendly atmosphere with a close-knit community feel, making it an ideal place for families and retirees alike. Residents enjoy access to nature, local farms, and historical sites that reflect the rich culture of the region.
Current Market Conditions in Five Points, TN
The Five Points real estate market is characterized by its stable pricing and steady demand. Over the past year, homes in the area have experienced modest appreciation, indicating a healthy market for both buyers and sellers. Historically, the market has been resilient, making it a great option for long-term investments.
Year-to-date, the number of homes sold has increased, suggesting growing interest in the area, especially among first-time home buyers seeking affordable options in a picturesque setting. The competition remains moderate, allowing for potential buyers to find suitable options without overwhelming bidding wars.
Home Value Estimator For Five Points, TN
There are currently 312 real estate properties
in Five Points, TN,
with a median automated valuation model (AVM) price
of $202,786.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Five Points, 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 Five Points, TN,
is $252,467.00, with the most expensive house
in Five Points, TN, topping out
at $1,928,881.00 and the cheapest home
in Five Points, TN,
clocking in at $10,040.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Five Points, TN!
Rent Prices
In Five Points, TN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Five Points, TN, is on
a rollercoaster ride. The
average rent price in Five Points, TN,
is $976.00. Indeed, when looking to rent in
Five Points, TN, you can expect to pay as little
as $510.00 or as much
as $1,940.00,
with the average rent median estimated to
be $910.00. The good news is that finding
an affordable and desirable property to rent in Five Points, 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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