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Preforeclosure Homes in Jellico, TN

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Jellico, TN Foreclosures

Current Market Conditions in in Jellico, TN As of February 2026?
Over the past month, Jellico's real estate market has shown signs of stability, with a steady number of new listings and ongoing sales. Prices have continued to rise incrementally due to high demand coupled with limited inventory. The average time on the market has slightly decreased, indicating a shift towards a more competitive buyer landscape as both locals and out-of-state buyers vie for properties in this scenic area.
How much do homes sell for in Jellico, TN?
The average home price is currently $161,923.
In Jellico, TN, how many homes are available?
There are currently 5 active home listings available in Jellico.
What’s the average rental cost in Jellico, TN?
The average rental price in Jellico is $801.
What is the most expensive home in Jellico?
The most expensive home sold in Jellico had a price of $16,097,032.
What is currently the cheapest priced home in Jellico, TN?
The cheapest home for sale in Jellico is priced at $5,177.

Living in Jellico, TN

Jellico, TN, is a charming small town surrounded by the Appalachian Mountains, offering a warm community spirit and a variety of outdoor activities. With access to essential amenities and quality education, it makes for a perfect place for families and individuals seeking a peaceful lifestyle.

Buyer vs Seller Market in Jellico, TN

The current real estate market in Jellico is active, with a mix of traditional homes and newer constructions drawing interest from both local buyers and those looking to relocate from urban areas. The price of homes has seen a gradual increase, reflecting the area's desirability and inventory challenges.

In recent months, Jellico has experienced a notable uptick in demand, particularly for homes with large lots and mountain views. This trend has been driven by the growing interest in rural living, especially as more buyers prioritize space and tranquility.

Home Value Estimator For Jellico, TN

There are currently 1,211 real estate properties in Jellico, TN, with a median automated valuation model (AVM) price of $103,732.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Jellico, 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 Jellico, TN, is $161,923.00, with the most expensive house in Jellico, TN, topping out at $16,097,032.00 and the cheapest home in Jellico, TN, clocking in at $5,177.00. In other words, there’s something for every potential homebuyer or savvy investor in Jellico, TN!

Rent Prices In Jellico, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Jellico, TN, is on a rollercoaster ride. The average rent price in Jellico, TN, is $801.00. Indeed, when looking to rent in Jellico, TN, you can expect to pay as little as $410.00 or as much as $1,930.00, with the average rent median estimated to be $740.00. The good news is that finding an affordable and desirable property to rent in Jellico, 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.

Jellico, TN Preforeclosure Homes


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