Gilt Edge, TN Foreclosures
How much do homes sell for in Gilt Edge, TN?
The average home price is currently $97,028.
What’s the average rental cost in Gilt Edge, TN?
The average rental price in Gilt Edge is $897.
What is the most expensive home in Gilt Edge?
The most expensive home sold in Gilt Edge had a price of $522,397.
What is currently the cheapest priced home in Gilt Edge, TN?
The cheapest home for sale in Gilt Edge is priced at $4,935.
Living in Gilt Edge, TN
Gilt Edge, TN, is a peaceful community nestled in Shelby County, offering a tranquil environment with easy access to Memphis. It boasts a quaint atmosphere with spacious homes and an abundance of parks and recreational facilities. Residents appreciate the close-knit community feel while enjoying the convenience of nearby amenities and outdoor activities.
Current Market Conditions in Gilt Edge, TN
The real estate market in Gilt Edge has shown stability over the past year, with property values maintaining a steady growth trend. The area remains attractive to homebuyers looking for affordable housing options coupled with the benefit of country living.
In recent months, Gilt Edge has experienced a slight increase in demand for homes, as more individuals seek refuge in quieter areas post-pandemic. This uptick signifies a healthy interest in the community, suggesting a favorable environment for both buyers and sellers.
Home Value Estimator For Gilt Edge, TN
There are currently 126 real estate properties
in Gilt Edge, TN,
with a median automated valuation model (AVM) price
of $48,020.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Gilt Edge, 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 Gilt Edge, TN,
is $97,028.00, with the most expensive house
in Gilt Edge, TN, topping out
at $522,397.00 and the cheapest home
in Gilt Edge, TN,
clocking in at $4,935.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Gilt Edge, TN!
Rent Prices
In Gilt Edge, TN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Gilt Edge, TN, is on
a rollercoaster ride. The
average rent price in Gilt Edge, TN,
is $897.00. Indeed, when looking to rent in
Gilt Edge, TN, you can expect to pay as little
as $600.00 or as much
as $1,570.00,
with the average rent median estimated to
be $840.00. The good news is that finding
an affordable and desirable property to rent in Gilt Edge, 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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