Lancing, TN Foreclosures
How much do homes sell for in Lancing, TN?
The average home price is currently $229,369.
What’s the average rental cost in Lancing, TN?
The average rental price in Lancing is $921.
What is the most expensive home in Lancing?
The most expensive home sold in Lancing had a price of $2,130,794.
What is currently the cheapest priced home in Lancing, TN?
The cheapest home for sale in Lancing is priced at $11,478.
Living in Lancing, TN
Lancing, TN, is a tranquil rural community in Morgan County known for its scenic beauty and outdoor activities. Residents enjoy a peaceful lifestyle with access to local amenities, including parks and schools, while being just a short drive from larger towns for additional services. It's an ideal location for those seeking a blend of nature and community living.
Current Market Conditions in Lancing, TN
The real estate market in Lancing is currently stable, with a steady demand for homes due to the area's appealing lifestyle and natural surroundings. Buyers appreciate the affordability of homes compared to larger urban areas, making Lancing attractive for first-time buyers and families looking for a tranquil setting to settle down.
Recently, there has been an uptick in interest for homes in Lancing, particularly for properties that provide ample outdoor space. As more people seek remote or rural living environments, the market is beginning to see a gradual increase in home values, signaling a potential growth trend in the coming years.
Home Value Estimator For Lancing, TN
There are currently 895 real estate properties
in Lancing, TN,
with a median automated valuation model (AVM) price
of $174,919.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Lancing, 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 Lancing, TN,
is $229,369.00, with the most expensive house
in Lancing, TN, topping out
at $2,130,794.00 and the cheapest home
in Lancing, TN,
clocking in at $11,478.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Lancing, TN!
Rent Prices
In Lancing, TN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Lancing, TN, is on
a rollercoaster ride. The
average rent price in Lancing, TN,
is $921.00. Indeed, when looking to rent in
Lancing, TN, you can expect to pay as little
as $570.00 or as much
as $2,600.00,
with the average rent median estimated to
be $900.00. The good news is that finding
an affordable and desirable property to rent in Lancing, 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.
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