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Lenoir City, TN Foreclosures

How much do homes sell for in Lenoir City, TN?
The average home price is currently $427,035.
In Lenoir City, TN, how many homes are available?
There are currently 4 active home listings available in Lenoir City.
What’s the average rental cost in Lenoir City, TN?
The average rental price in Lenoir City is $1,448.
What is the most expensive home in Lenoir City?
The most expensive home sold in Lenoir City had a price of $14,545,500.
What is currently the cheapest priced home in Lenoir City, TN?
The cheapest home for sale in Lenoir City is priced at $4,012.

Living in Lenoir City, TN

Lenoir City, located in East Tennessee, offers a charming small-town atmosphere paired with scenic beauty. Nestled near the shores of Tellico Lake, it provides ample opportunities for outdoor activities and a friendly community vibe. With a variety of local shops and restaurants, residents can enjoy a laid-back lifestyle with access to larger cities nearby.

Current Market Conditions in Lenoir City, TN

The real estate market in Lenoir City has remained steady, with a noticeable increase in demand as more people seek out homes in the scenic areas near the waterfront. The town's affordability compared to nearby metropolitan areas has made it attractive for families and retirees alike. As of now, homes tend to sell quickly, with some listings receiving multiple offers soon after being listed.

Home Value Estimator For Lenoir City, TN

There are currently 12,631 real estate properties in Lenoir City, TN, with a median automated valuation model (AVM) price of $323,606.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lenoir City, 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 Lenoir City, TN, is $427,035.00, with the most expensive house in Lenoir City, TN, topping out at $14,545,500.00 and the cheapest home in Lenoir City, TN, clocking in at $4,012.00. In other words, there’s something for every potential homebuyer or savvy investor in Lenoir City, TN!

Rent Prices In Lenoir City, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lenoir City, TN, is on a rollercoaster ride. The average rent price in Lenoir City, TN, is $1,448.00. Indeed, when looking to rent in Lenoir City, TN, you can expect to pay as little as $560.00 or as much as $3,260.00, with the average rent median estimated to be $1,380.00. The good news is that finding an affordable and desirable property to rent in Lenoir City, 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.

Lenoir City, TN Search Results

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