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Short Sale Listings in Martin, TN 38237

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Martin, TN Foreclosures

How much do homes sell for in Martin, TN?
The average home price is currently $219,276.
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 $6,516,120.
What is currently the cheapest priced home in Martin, TN?
The cheapest home for sale in Martin is priced at $6,057.

Living in Martin, TN

Martin, TN is a welcoming college town with a strong sense of community, abundant recreational opportunities, and a family-friendly atmosphere. Its proximity to the University of Tennessee contributes to a lively cultural scene. With great parks and activities, this city offers a blend of outdoor fun and small-town living perfect for all ages.

Current Market Conditions in Martin, TN

The housing market in Martin has remained stable, with home values showing slight increases over the past few months. The demand for homes is steadily rising due to the steady influx of students and families looking for affordable housing options in a friendly environment.

Compared to last year, Martin's real estate market has experienced growth in both home prices and the number of transactions, indicating a healthy demand amid a limited inventory of available properties. This trend is likely to continue as the town attracts more residents and offers engaging community activities.

Home Value Estimator For Martin, TN

There are currently 5,400 real estate properties in Martin, TN, with a median automated valuation model (AVM) price of $178,455.00. 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 $219,276.00, with the most expensive house in Martin, TN, topping out at $6,516,120.00 and the cheapest home in Martin, TN, clocking in at $6,057.00. 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 38237 Short Sale Listings


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