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Preforeclosure Homes in Luttrell, TN 37779

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Living in Luttrell, TN

Luttrell, TN, is a charming small town with a tight-knit community and scenic views of the surrounding hills. It offers a peaceful lifestyle, local amenities, and access to outdoor recreational activities. The area is ideal for families and individuals seeking a mix of rural tranquility and community warmth.

Current Market Conditions in Luttrell, TN

The real estate market in Luttrell is currently stable, with a mix of modestly priced homes and a few higher-end properties. The demand for homes in this peaceful area has shown a steady increase as more people seek rural living options. The community's appeal is further bolstered by its affordability compared to nearby urban areas, creating opportunities for both homebuyers and investors alike.

Recently, the real estate trends indicate that properties in Luttrell are selling at a moderate pace, and there has been a slight uptick in the average home prices within the last few months. Local buyers are keen on both single-family homes and rural properties with larger lots, catering to families looking for space and privacy.

Home Value Estimator For Luttrell, TN

There are currently 1,625 real estate properties in Luttrell, TN, with a median automated valuation model (AVM) price of $163,600.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Luttrell, 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 Luttrell, TN, is $204,949.00, with the most expensive house in Luttrell, TN, topping out at $3,019,080.00 and the cheapest home in Luttrell, TN, clocking in at $7,999.00. In other words, there’s something for every potential homebuyer or savvy investor in Luttrell, TN!

Rent Prices In Luttrell, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Luttrell, TN, is on a rollercoaster ride. The average rent price in Luttrell, TN, is $875.00. Indeed, when looking to rent in Luttrell, TN, you can expect to pay as little as $390.00 or as much as $1,990.00, with the average rent median estimated to be $820.00. The good news is that finding an affordable and desirable property to rent in Luttrell, 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.

Luttrell, TN 37779 Preforeclosure Homes


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