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Foreclosures in Gallaway, TN

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Gallaway, TN Foreclosures

Current Market Conditions in Gallaway, TN as of May 2026?
Home values: -0.53% MoM; rent: +0.00% MoM.
How much do homes sell for in Gallaway, TN?
The average home price is currently $192,054.
In Gallaway, TN, how many homes are available?
There are currently 157 active home listings available in Gallaway.
What’s the average rental cost in Gallaway, TN?
The average rental price in Gallaway is $1,265.
What is the most expensive home in Gallaway?
The most expensive home sold in Gallaway had a price of $1,388,300.
What is currently the cheapest priced home in Gallaway, TN?
The cheapest home for sale in Gallaway is priced at $12,776.

Living in Gallaway, TN

Gallaway, TN is a small Fayette County community near the Memphis metro, offering rural-suburban living, regional highway access, and comparatively low housing entry points for investors.

Buyer vs Seller Market in Gallaway, TN

Median home value: $95,610 as of 2026-05-14.

Median rent: $1,340 as of 2026-05-14.

Home values: -0.53% MoM, +2.36% YoY.

Rent: +0.00% MoM, +0.00% YoY.

Home Value Estimator For Gallaway, TN

There are currently 112 real estate properties in Gallaway, TN, with a median automated valuation model (AVM) price of $95,610.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Gallaway, 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 Gallaway, TN, is $192,054.00, with the most expensive house in Gallaway, TN, topping out at $1,388,300.00 and the cheapest home in Gallaway, TN, clocking in at $12,776.00. In other words, there’s something for every potential homebuyer or savvy investor in Gallaway, TN!

Rent Prices In Gallaway, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Gallaway, TN, is on a rollercoaster ride. The average rent price in Gallaway, TN, is $1,265.00. Indeed, when looking to rent in Gallaway, TN, you can expect to pay as little as $730.00 or as much as $2,880.00, with the average rent median estimated to be $1,340.00. The good news is that finding an affordable and desirable property to rent in Gallaway, 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.

Gallaway, TN Foreclosures

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