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Foreclosure Homes in Leoma, TN

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Leoma, TN Foreclosures

How much do homes sell for in Leoma, TN?
The average home price is currently $254,364.
In Leoma, TN, how many homes are available?
There are currently 8 active home listings available in Leoma.
What’s the average rental cost in Leoma, TN?
The average rental price in Leoma is $1,031.
What is the most expensive home in Leoma?
The most expensive home sold in Leoma had a price of $2,044,352.
What is currently the cheapest priced home in Leoma, TN?
The cheapest home for sale in Leoma is priced at $7,424.

Living in Leoma, TN

Leoma, TN, is a picturesque small town known for its community spirit and serene rural lifestyle. Surrounded by nature, residents enjoy a variety of outdoor activities and local amenities. The area boasts excellent educational institutions, making it ideal for families.

Current Market Conditions in Leoma, TN

The real estate market in Leoma has been steadily growing, with an increasing number of families and retirees seeking to settle in the area. Property values are on the rise due to the town's appealing lifestyle and community-oriented atmosphere. Home buyers are attracted by the affordable housing options as well as the potential for future appreciation.

Current market trends indicate a healthy demand for homes, especially single-family residences. Investors can find opportunities in both rental properties and homes for resale, with the area becoming increasingly appealing to new buyers.

Home Value Estimator For Leoma, TN

There are currently 1,809 real estate properties in Leoma, TN, with a median automated valuation model (AVM) price of $224,746.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Leoma, 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 Leoma, TN, is $254,364.00, with the most expensive house in Leoma, TN, topping out at $2,044,352.00 and the cheapest home in Leoma, TN, clocking in at $7,424.00. In other words, there’s something for every potential homebuyer or savvy investor in Leoma, TN!

Rent Prices In Leoma, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Leoma, TN, is on a rollercoaster ride. The average rent price in Leoma, TN, is $1,031.00. Indeed, when looking to rent in Leoma, TN, you can expect to pay as little as $510.00 or as much as $1,920.00, with the average rent median estimated to be $1,010.00. The good news is that finding an affordable and desirable property to rent in Leoma, 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.

Leoma, TN Foreclosures


Market Trend for Leoma, TN

Total Listings Available: 8

Market Values:

Home Prices from $7,424 to $2,044,352

Average Sales Price: $254,364

Rental Values:

Rental from $510 to $1,920

Average Rent Value: $1,031 / month

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