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Condo Foreclosures in Lakesite, TN

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Lakesite, TN Foreclosures

Current Market Conditions in in Lakesite, TN As of March 2026?
Over the past month, Lakesite's real estate market has observed a slight uptick in activity, with a modest increase in home listings by about 5%. This has attracted more buyers looking for homes with lake access, pushing some prices to stabilize while still maintaining affordability in the region. Overall, properties remain desirable, especially as the summer season approaches, with many seasonal buyers looking to invest.
How much do homes sell for in Lakesite, TN?
The average home price is currently $581,426.
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 $52,089.

Living in Lakesite, TN

Lakesite is a serene town in Tennessee known for its beautiful lake views and family-friendly atmosphere. With numerous outdoor activities and local amenities, it offers a perfect blend of relaxation and recreation. The community spirit is strong here, making it an ideal location for both families and retirees.

Buyer vs Seller Market in Lakesite, TN

The real estate market in Lakesite remains steady with a balanced mix of home sales and buyer interest. Homes are generally selling at competitive prices, and the demand for waterfront properties is particularly strong given the area’s natural beauty. Local agents report an influx of buyers drawn by the recreational opportunities that Norris Lake provides.

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 $350,743.00. 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 $581,426.00, 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 $52,089.00. 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 Condos

Market Trend for Lakesite, TN

Total Listings Available: 0

Market Values:

Home Prices from $52,089 to $2,374,426

Average Sales Price: $581,426

Rental Values:

Rental from $670 to $3,280

Average Rent Value: $1,719 / month

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