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Foreclosure Homes in La Follette, TN 37766

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La Follette, TN Foreclosures

How much do homes sell for in La Follette, TN?
The average home price is currently $278,422.
In La Follette, TN, how many homes are available?
There are currently 48 active home listings available in La Follette.
What’s the average rental cost in La Follette, TN?
The average rental price in La Follette is $1,008.
What is the most expensive home in La Follette?
The most expensive home sold in La Follette had a price of $8,987,149.
What is currently the cheapest priced home in La Follette, TN?
The cheapest home for sale in La Follette is priced at $6,065.

Living in La Follette, TN

La Follette, Tennessee, is a charming town that combines outdoor activities with a strong sense of community. It is surrounded by beautiful natural landscapes, including Lake Norris, offering a perfect escape for nature lovers. With its friendly atmosphere and family-oriented amenities, La Follette provides an ideal living environment.

Current Market Conditions in La Follette, TN

The real estate market in La Follette is currently showing signs of growth, with a steady increase in home values. This trend is encouraging for both new buyers and investors looking for competitive opportunities in East Tennessee.

Over the past few months, the demand for homes in La Follette has risen, particularly among families and retirees seeking a peaceful lifestyle near natural attractions. Limited inventory coupled with increased buyer interest has created a seller's market.

Home Value Estimator For La Follette, TN

There are currently 8,490 real estate properties in La Follette, TN, with a median automated valuation model (AVM) price of $196,488.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in La Follette, 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 La Follette, TN, is $278,422.00, with the most expensive house in La Follette, TN, topping out at $8,987,149.00 and the cheapest home in La Follette, TN, clocking in at $6,065.00. In other words, there’s something for every potential homebuyer or savvy investor in La Follette, TN!

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.

La Follette, TN 37766 Foreclosures

Market Trend for La Follette, TN

Total Listings Available: 48

Market Values:

Home Prices from $6,065 to $8,987,149

Average Sales Price: $278,422

Rental Values:

Rental from $420 to $2,800

Average Rent Value: $1,008 / month

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