Loudon, TN Foreclosures
How much do homes sell for in Loudon, TN?
The average home price is currently $483,461.
In Loudon, TN, how many homes are available?
There are currently 20 active home listings available in Loudon.
What’s the average rental cost in Loudon, TN?
The average rental price in Loudon is $1,456.
What is the most expensive home in Loudon?
The most expensive home sold in Loudon had a price of $6,305,158.
What is currently the cheapest priced home in Loudon, TN?
The cheapest home for sale in Loudon is priced at $4,012.
Living in Loudon, TN
Loudon, TN is a picturesque small town that offers residents a tranquil lifestyle complemented by outdoor recreational opportunities. With a friendly community atmosphere, quality educational facilities, and access to natural beauty, it's an ideal place for families and retirees alike. Just a short drive from Knoxville, Loudon combines rural charm with urban connectivity.
Current Market Conditions in Loudon, TN
The real estate market in Loudon, TN is currently experiencing a steady rise in demand, with an increase in homebuyers seeking the peace and quiet that small-town living offers. This trend has led to a gradual appreciation in property values, making it an appealing choice for both first-time buyers and investors looking for rental properties. The inventory remains relatively low, which keeps competition among buyers heightened as they look to secure homes in this desirable area.
Recent developments and infrastructure improvements in Loudon are attracting more residents, reflecting positive market dynamics. The growth of the local economy, combined with the town's appealing lifestyle and natural resources, continues to bolster the housing market, making it a strong candidate for future sales.
Home Value Estimator For Loudon, TN
There are currently 12,005 real estate properties
in Loudon, TN,
with a median automated valuation model (AVM) price
of $395,263.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Loudon, 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 Loudon, TN,
is $483,461.00, with the most expensive house
in Loudon, TN, topping out
at $6,305,158.00 and the cheapest home
in Loudon, TN,
clocking in at $4,012.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Loudon, TN!
Rent Prices
In Loudon, TN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Loudon, TN, is on
a rollercoaster ride. The
average rent price in Loudon, TN,
is $1,456.00. Indeed, when looking to rent in
Loudon, TN, you can expect to pay as little
as $570.00 or as much
as $2,900.00,
with the average rent median estimated to
be $1,400.00. The good news is that finding
an affordable and desirable property to rent in Loudon, 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.
Learn more on Foreclosure homes
