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Foreclosure Homes in Lakesite, TN

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Lakesite, TN Foreclosures

Current Market Conditions in in Lakesite, TN As of April 2026?
Over the past month, Lakesite has seen a 3% increase in average home prices as more buyers are drawn to the area during the spring season. Inventory remains low, making competition for homes significant. Additionally, new listings are being snapped up quickly, often above the asking price, demonstrating strong market activity and interest in the community.
How much do homes sell for in Lakesite, TN?
The average home price is currently $563,240.
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 $51,821.

Living in Lakesite, TN

Lakesite is a peaceful suburb in Tennessee known for its serene lakeside charm and community-driven lifestyle. The area offers various outdoor recreational opportunities and is close to essential amenities, making it suitable for families, retirees, and outdoor enthusiasts.

Buyer vs Seller Market in Lakesite, TN

The real estate market in Lakesite is currently showing a steady demand for homes, primarily due to its attractive location near the water and the family-friendly environment. New developments are beginning to emerge, with slight increases in property values driven by the low inventory and high interest from homebuyers looking for a retreat from busy city life.

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 $339,094.00. 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 $563,240.00, 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 $51,821.00. 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.

Lakesite, TN Foreclosures

Market Trend for Lakesite, TN

Total Listings Available: 0

Market Values:

Home Prices from $51,821 to $2,374,426

Average Sales Price: $563,240

Rental Values:

Rental from $670 to $3,280

Average Rent Value: $1,719 / month

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