Lancing, TN Foreclosures
How much do homes sell for in Lancing, TN?
The average home price is currently $230,026.
In Lancing, TN, how many homes are available?
There are currently 10 active home listings available in Lancing.
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 $2,233,784.
What is currently the cheapest priced home in Lancing, TN?
The cheapest home for sale in Lancing is priced at $11,442.
Living in Lancing, TN
Lancing, TN is a picturesque small town that embodies the charm of rural Tennessee living. It is surrounded by stunning natural landscapes, providing ample opportunities for outdoor recreation. The friendly community atmosphere paired with local amenities makes it perfect for families and those seeking tranquility.
Current Market Conditions in Lancing, TN
The real estate market in Lancing, TN, is currently experiencing a steady increase in demand, driven by homebuyers seeking affordable housing options and larger properties. Given its prime location amidst nature, many buyers are looking for weekend retreats and full-time residences that offer relaxation away from urban centers. This trend is reflected in the rising property values observed in recent months, indicating a healthy market condition that favors sellers while still remaining accessible to buyers.
As of the latest reports, homes in Lancing are moving quickly, often within weeks of being listed. The average days on the market are decreasing, suggesting an active buyer interest. New listings are becoming increasingly competitive, pushing home prices slightly upward as buyers are willing to bid higher to secure desirable properties.
Home Value Estimator For Lancing, TN
There are currently 1,118 real estate properties
in Lancing, TN,
with a median automated valuation model (AVM) price
of $174,600.00. 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 $230,026.00, with the most expensive house
in Lancing, TN, topping out
at $2,233,784.00 and the cheapest home
in Lancing, TN,
clocking in at $11,442.00. 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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