Laurel Bloomery, TN Foreclosures
How much do homes sell for in Laurel Bloomery, TN?
The average home price is currently $175,905.
In Laurel Bloomery, TN, how many homes are available?
There are currently 25 active home listings available in Laurel Bloomery.
What’s the average rental cost in Laurel Bloomery, TN?
The average rental price in Laurel Bloomery is $905.
What is the most expensive home in Laurel Bloomery?
The most expensive home sold in Laurel Bloomery had a price of $771,711.
What is currently the cheapest priced home in Laurel Bloomery, TN?
The cheapest home for sale in Laurel Bloomery is priced at $14,204.
Living in Laurel Bloomery, TN
Situated in a serene part of Tennessee, Laurel Bloomery offers a unique blend of natural beauty and tight-knit community vibes. Ideal for people looking to escape the hustle and bustle of city life, this charming town is surrounded by outdoor recreational opportunities and local flavor. With a growing real estate market, Laurel Bloomery presents an excellent investment for potential homebuyers.
Current Market Conditions in Laurel Bloomery, TN
The real estate market in Laurel Bloomery has shown promising growth, with an increasing number of new listings and a slowdown in inventory turnover. The demand for homes in this rural area driven by buyers seeking peaceful living environments, has pushed prices progressively higher over the past months. More younger families and retirees are recognizing Laurel Bloomery's appeal, marking it as a potential hotspot for investment.
Home values in Laurel Bloomery have experienced a steady increase in the past year, reflecting a general trend of rural properties gaining favor among homebuyers. As development continues in surrounding areas, the market is anticipated to become even more competitive, suggesting that prospective buyers and sellers should remain vigilant.
Home Value Estimator For Laurel Bloomery, TN
There are currently 229 real estate properties
in Laurel Bloomery, TN,
with a median automated valuation model (AVM) price
of $142,824.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Laurel Bloomery, 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 Laurel Bloomery, TN,
is $175,905.00, with the most expensive house
in Laurel Bloomery, TN, topping out
at $771,711.00 and the cheapest home
in Laurel Bloomery, TN,
clocking in at $14,204.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Laurel Bloomery, TN!
Rent Prices
In Laurel Bloomery, TN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Laurel Bloomery, TN, is on
a rollercoaster ride. The
average rent price in Laurel Bloomery, TN,
is $905.00. Indeed, when looking to rent in
Laurel Bloomery, TN, you can expect to pay as little
as $510.00 or as much
as $1,560.00,
with the average rent median estimated to
be $880.00. The good news is that finding
an affordable and desirable property to rent in Laurel Bloomery, 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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