Foreclosure Homes in La Follette, TN 37729

Current Market Conditions in La Follette, TN

The real estate market in La Follette has shown stability with a steady demand for homes, primarily due to its appealing lifestyle and affordability. The average home price remains competitive, attracting both first-time buyers and investors interested in rental properties.

Recent trends indicate a slight increase in home sales, suggesting that more people are discovering the charm of La Follette. Given its proximity to Norris Lake and the Great Smoky Mountains, properties here are becoming more sought after, particularly for vacation rentals.

Rent Prices In La Follette, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in La Follette, TN, is on a rollercoaster ride. The average rent price in La Follette, TN, is $1,008.00. Indeed, when looking to rent in La Follette, TN, you can expect to pay as little as $420.00 or as much as $2,800.00, with the average rent median estimated to be $940.00. The good news is that finding an affordable and desirable property to rent in La Follette, 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.