Lakesite, TN Foreclosures
How much do homes sell for in Lakesite, TN?
The average home price is currently $555,725.
What’s the average rental cost in Lakesite, TN?
The average rental price in Lakesite is $1,719.
What is the most expensive home in Lakesite?
The most expensive home sold in Lakesite had a price of $2,374,426.
What is currently the cheapest priced home in Lakesite, TN?
The cheapest home for sale in Lakesite is priced at $51,149.
Living in Lakesite, TN
Lakesite, TN is a charming residential area that offers a tranquil lifestyle with beautiful natural surroundings. It is perfect for those who appreciate outdoor activities, strong community ties, and easy access to nearby urban conveniences. Life here harmoniously blends relaxation with recreation.
Current Market Conditions in Lakesite, TN
The real estate market in Lakesite, TN, shows a healthy trend with steady growth over the past year. Current listings indicate a balanced inventory of homes that cater to a range of budgets, and buyers are keenly active, which reflects the area's desirable lifestyle and natural amenities.
Crime rates in the region are low, making it attractive for families and retirees. In recent months, homes in Lakesite have been selling relatively quickly, often receiving multiple offers, indicating a competitive market that favors sellers.
Home Value Estimator For Lakesite, TN
There are currently 13 real estate properties
in Lakesite, TN,
with a median automated valuation model (AVM) price
of $366,809.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Lakesite, 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 Lakesite, TN,
is $555,725.00, with the most expensive house
in Lakesite, TN, topping out
at $2,374,426.00 and the cheapest home
in Lakesite, TN,
clocking in at $51,149.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Lakesite, TN!
Rent Prices
In Lakesite, TN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Lakesite, TN, is on
a rollercoaster ride. The
average rent price in Lakesite, TN,
is $1,719.00. Indeed, when looking to rent in
Lakesite, TN, you can expect to pay as little
as $670.00 or as much
as $3,280.00,
with the average rent median estimated to
be $1,470.00. The good news is that finding
an affordable and desirable property to rent in Lakesite, 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.
Learn more on Foreclosure homes
