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Foreclosure Homes in Louisville, TN

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Louisville, TN Foreclosures

How much do homes sell for in Louisville, TN?
The average home price is currently $610,795.
In Louisville, TN, how many homes are available?
There are currently 22 active home listings available in Louisville.
What’s the average rental cost in Louisville, TN?
The average rental price in Louisville is $1,401.
What is the most expensive home in Louisville?
The most expensive home sold in Louisville had a price of $53,861,468.
What is currently the cheapest priced home in Louisville, TN?
The cheapest home for sale in Louisville is priced at $13,690.

Living in Louisville, TN

Louisville, TN, is a picturesque town known for its friendly community atmosphere and beautiful natural surroundings. This growing area offers a variety of outdoor activities and excellent educational institutions, making it an ideal place for families and nature enthusiasts alike. With easy access to urban amenities in nearby Knoxville, Louisville strikes a perfect balance between serene living and convenient access to city life.

Current Market Conditions in Louisville, TN

Louisville has witnessed a steady increase in home prices over the past year, reflecting a strong demand for housing in the area. The current market conditions indicate a competitive landscape, with buyers showing eagerness due to the town's appealing qualities and recreational opportunities.

Recent trends show that homes in Louisville sell quickly, often receiving multiple offers. The inventory remains low, which is contributing to the continued appreciation of property values and attracting new residents who are seeking a slower-paced lifestyle.

Home Value Estimator For Louisville, TN

There are currently 4,240 real estate properties in Louisville, TN, with a median automated valuation model (AVM) price of $384,125.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Louisville, 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 Louisville, TN, is $610,795.00, with the most expensive house in Louisville, TN, topping out at $53,861,468.00 and the cheapest home in Louisville, TN, clocking in at $13,690.00. In other words, there’s something for every potential homebuyer or savvy investor in Louisville, TN!

Rent Prices In Louisville, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Louisville, TN, is on a rollercoaster ride. The average rent price in Louisville, TN, is $1,401.00. Indeed, when looking to rent in Louisville, TN, you can expect to pay as little as $560.00 or as much as $3,340.00, with the average rent median estimated to be $1,360.00. The good news is that finding an affordable and desirable property to rent in Louisville, 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.

Louisville, TN Foreclosures

Market Trend for Louisville, TN

Total Listings Available: 22

Market Values:

Home Prices from $13,690 to $53,861,468

Average Sales Price: $610,795

Rental Values:

Rental from $560 to $3,340

Average Rent Value: $1,401 / month

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