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Foreclosure Homes in Grimsley, TN 38565

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Grimsley, TN Foreclosures

Current Market Conditions in in Grimsley, TN As of February 2026?
Over the past month, Grimsley has seen a notable increase in home sales, attributed to the seasonal uptick in buyer activity as summer approaches. Listings are moving faster with some homes selling within days of being put on the market. The average price of homes has experienced a mild increase, driven by higher demand. Buyers are showing interest in properties with larger lots and proximity to the scenic outdoor amenities of the region.
How much do homes sell for in Grimsley, TN?
The average home price is currently $246,211.
In Grimsley, TN, how many homes are available?
There are currently 1 active home listings available in Grimsley.
What’s the average rental cost in Grimsley, TN?
The average rental price in Grimsley is $1,019.
What is the most expensive home in Grimsley?
The most expensive home sold in Grimsley had a price of $2,460,468.
What is currently the cheapest priced home in Grimsley, TN?
The cheapest home for sale in Grimsley is priced at $5,232.

Living in Grimsley, TN

Grimsley, TN is a charming small town nestled in the lush Smoky Mountains. It offers residents a tranquil living environment with ample opportunities for outdoor activities. With its strong community ties and natural scenic beauty, Grimsley is perfect for families and nature enthusiasts alike.

Buyer vs Seller Market in Grimsley, TN

The real estate market in Grimsley, TN is currently experiencing stable growth due to its appeal as a rural retreat for those seeking peace and tranquility. Home prices remain affordable compared to urban markets, making it an attractive option for first-time buyers and retirees alike. As more people look to escape city congestion, demand for homes in this area is expected to rise, keeping market conditions favorable for sellers.

Current trends suggest a steady increase in property listings as homeowners recognize the demand in the area. The presence of beautiful landscapes and outdoor activities continues to draw interest, while the average days on market for listings have decreased slightly in recent months.

Home Value Estimator For Grimsley, TN

There are currently 535 real estate properties in Grimsley, TN, with a median automated valuation model (AVM) price of $255,245.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Grimsley, 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 Grimsley, TN, is $246,211.00, with the most expensive house in Grimsley, TN, topping out at $2,460,468.00 and the cheapest home in Grimsley, TN, clocking in at $5,232.00. In other words, there’s something for every potential homebuyer or savvy investor in Grimsley, TN!

Rent Prices In Grimsley, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Grimsley, TN, is on a rollercoaster ride. The average rent price in Grimsley, TN, is $1,019.00. Indeed, when looking to rent in Grimsley, TN, you can expect to pay as little as $440.00 or as much as $1,760.00, with the average rent median estimated to be $1,040.00. The good news is that finding an affordable and desirable property to rent in Grimsley, 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.

Grimsley, TN 38565 Foreclosures

Market Trend for Grimsley, TN

Total Listings Available: 1

Market Values:

Home Prices from $5,232 to $2,460,468

Average Sales Price: $246,211

Rental Values:

Rental from $440 to $1,760

Average Rent Value: $1,019 / month

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