Gilt Edge, TN Foreclosures
How much do homes sell for in Gilt Edge, TN?
The average home price is currently $94,309.
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 $512,317.
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 small, rural community that offers a peaceful lifestyle surrounded by natural beauty. With friendly neighbors and a charming atmosphere, it is perfect for those looking to escape the hustle and bustle of city living. The community is well-connected to nearby urban areas, providing residents with easy access to a variety of amenities and services.
Current Market Conditions in Gilt Edge, TN
The real estate market in Gilt Edge is currently stable, with a mix of traditional single-family homes and newer constructions. Recent trends indicate a gradual increase in home values, driven by the area's appealing rural setting and its proximity to Memphis. Homes are typically spacious, often sitting on larger lots compared to urban properties, which adds to their attraction for families seeking more space.
Buyer interest has shown a steady rise over the past few months, as more individuals are drawn to the affordability and tranquility that Gilt Edge offers. With a limited number of listings available, competition among buyers can be moderate, but prices remain reasonable compared to surrounding areas.
Home Value Estimator For Gilt Edge, TN
There are currently 130 real estate properties
in Gilt Edge, TN,
with a median automated valuation model (AVM) price
of $47,860.00. 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 $94,309.00, with the most expensive house
in Gilt Edge, TN, topping out
at $512,317.00 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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