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Land Foreclosures in Gallaway, TN

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Gallaway, TN Foreclosures

How much do homes sell for in Gallaway, TN?
The average home price is currently $195,409.
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 $1,519,911.
What is currently the cheapest priced home in Gallaway, TN?
The cheapest home for sale in Gallaway is priced at $12,737.

Living in Gallaway, TN

Gallaway, TN is a charming rural community just north of Memphis, providing residents with a peaceful escape from city life. The area is popular for its scenic parks and outdoor activities, making it ideal for families and nature lovers alike. It combines country living with access to suburban amenities, creating a friendly community atmosphere.

Current Market Conditions in Gallaway, TN

The real estate market in Gallaway, TN, has remained stable with consistent home values and a balanced supply of housing options. Potential buyers and investors are finding that prices are affordable compared to nearby urban areas, which may encourage increased interest in the locality.

Current trends indicate a rising interest in rural properties as remote working becomes more common. This shift is leading to an influx of families seeking larger homes and land at reasonable prices.

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 $96,120.00. 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 $195,409.00, with the most expensive house in Gallaway, TN, topping out at $1,519,911.00 and the cheapest home in Gallaway, TN, clocking in at $12,737.00. 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 Land


Market Trend for Gallaway, TN

Total Listings Available: 0

Market Values:

Home Prices from $12,737 to $1,519,911

Average Sales Price: $195,409

Rental Values:

Rental from $730 to $2,880

Average Rent Value: $1,265 / month

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