Living in Jasper, TN
Jasper, TN, is a charming small town located in the Sequatchie Valley, renowned for its natural beauty and welcoming community. With ample outdoor recreational opportunities and a strong local economy, it’s an excellent place for both families and retirees. Its close-knit atmosphere is complemented by good schools and essential amenities, making it an attractive option for those looking for a serene lifestyle while remaining connected to urban conveniences.
Current Market Conditions in Jasper, TN
The real estate market in Jasper, TN, is currently experiencing a steady trend of growth. Home prices have seen a modest increase over the past few months, reflecting a stable demand among buyers. With an average price point still below the national average, Jasper attracts not only locals but also newcomers looking for affordable housing options in a picturesque setting. The balance of supply and demand has maintained an overall healthy market, making it a favorable time for both buyers and sellers.
Currently, the average days on the market for homes in Jasper is around 60 days, indicating that properties are selling at a reasonable pace. This trend suggests an active market, while buyers have a variety of choices ranging from historic homes to new construction. As more families and individuals seek a quieter lifestyle away from urban chaos, Jasper's market is expected to see continued interest.
Home Value Estimator For Jasper, TN
There are currently 2,615 real estate properties
in Jasper, TN,
with a median automated valuation model (AVM) price
of $198,425.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Jasper, 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 Jasper, TN,
is $216,420.00, with the most expensive house
in Jasper, TN, topping out
at $6,149,600.00 and the cheapest home
in Jasper, TN,
clocking in at $8,022.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Jasper, TN!
Rent Prices
In Jasper, TN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Jasper, TN, is on
a rollercoaster ride. The
average rent price in Jasper, TN,
is $1,099.00. Indeed, when looking to rent in
Jasper, TN, you can expect to pay as little
as $490.00 or as much
as $2,560.00,
with the average rent median estimated to
be $1,020.00. The good news is that finding
an affordable and desirable property to rent in Jasper, 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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