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Foreclosure Homes in Martin, TN

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Martin, TN Foreclosures

How much do homes sell for in Martin, TN?
The average home price is currently $254,231.
In Martin, TN, how many homes are available?
There are currently 32 active home listings available in Martin.
What’s the average rental cost in Martin, TN?
The average rental price in Martin is $943.
What is the most expensive home in Martin?
The most expensive home sold in Martin had a price of $58,819,750.
What is currently the cheapest priced home in Martin, TN?
The cheapest home for sale in Martin is priced at $6,104.

Living in Martin, TN

Martin, TN, is a charming Southern town nestled in Weakley County. With a strong sense of community, plenty of parks, and access to the University of Tennessee at Martin, it offers a great blend of small-town life and educational opportunities. Residents enjoy an array of amenities and a peaceful lifestyle while being just a drive away from larger urban centers.

Current Market Conditions in Martin, TN

The real estate market in Martin, TN, has seen a steady increase in home prices over the past year due to a growing interest in the area driven by its educational institutions and family-friendly atmosphere. As the demand for housing continues to rise, new developments are also being planned to accommodate the influx of residents.

With a mix of single-family homes and apartments, the market caters to a variety of buyers, from students to families looking for starter homes. The relatively low cost of living compared to nearby urban areas remains an attractive factor for individuals and families considering a move to Martin.

Home Value Estimator For Martin, TN

There are currently 5,861 real estate properties in Martin, TN, with a median automated valuation model (AVM) price of $184,804.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Martin, 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 Martin, TN, is $254,231.00, with the most expensive house in Martin, TN, topping out at $58,819,750.00 and the cheapest home in Martin, TN, clocking in at $6,104.00. In other words, there’s something for every potential homebuyer or savvy investor in Martin, TN!

Rent Prices In Martin, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Martin, TN, is on a rollercoaster ride. The average rent price in Martin, TN, is $943.00. Indeed, when looking to rent in Martin, TN, you can expect to pay as little as $510.00 or as much as $1,740.00, with the average rent median estimated to be $890.00. The good news is that finding an affordable and desirable property to rent in Martin, 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.

Martin, TN Foreclosures


Market Trend for Martin, TN

Total Listings Available: 32

Market Values:

Home Prices from $6,104 to $58,819,750

Average Sales Price: $254,231

Rental Values:

Rental from $510 to $1,740

Average Rent Value: $943 / month

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