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Foreclosure Homes in Friendship, TN

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Friendship, TN Foreclosures

How much do homes sell for in Friendship, TN?
The average home price is currently $166,669.
In Friendship, TN, how many homes are available?
There are currently 9 active home listings available in Friendship.
What’s the average rental cost in Friendship, TN?
The average rental price in Friendship is $877.
What is the most expensive home in Friendship?
The most expensive home sold in Friendship had a price of $2,072,900.
What is currently the cheapest priced home in Friendship, TN?
The cheapest home for sale in Friendship is priced at $6,186.

Living in Friendship, TN

Friendship, TN is a welcoming small town characterized by its friendly residents and rich community spirit. Surrounded by beautiful landscapes, it provides a peaceful living environment while ensuring access to essential amenities. The town's educational institutions and local activities foster a strong sense of community for families.

Current Market Conditions in Friendship, TN

The real estate market in Friendship has been experiencing a steady increase, with a growing interest from cash buyers looking for affordable housing options. Home prices have seen a moderate rise as more people discover the charm of rural living, making it an appealing investment opportunity.

Inventory levels remain relatively low, which is driving competition among buyers. This trend is expected to continue as many urban residents are seeking escape to quieter towns like Friendship.

Home Value Estimator For Friendship, TN

There are currently 1,304 real estate properties in Friendship, TN, with a median automated valuation model (AVM) price of $127,577.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Friendship, 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 Friendship, TN, is $166,669.00, with the most expensive house in Friendship, TN, topping out at $2,072,900.00 and the cheapest home in Friendship, TN, clocking in at $6,186.00. In other words, there’s something for every potential homebuyer or savvy investor in Friendship, TN!

Rent Prices In Friendship, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Friendship, TN, is on a rollercoaster ride. The average rent price in Friendship, TN, is $877.00. Indeed, when looking to rent in Friendship, TN, you can expect to pay as little as $430.00 or as much as $2,260.00, with the average rent median estimated to be $810.00. The good news is that finding an affordable and desirable property to rent in Friendship, 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.

Friendship, TN Foreclosures

Market Trend for Friendship, TN

Total Listings Available: 9

Market Values:

Home Prices from $6,186 to $2,072,900

Average Sales Price: $166,669

Rental Values:

Rental from $430 to $2,260

Average Rent Value: $877 / month

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