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Foreclosure Auction 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 $217,562.
In Martin, TN, how many homes are available?
There are currently 2 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 $6,466,439.
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 vibrant small town known for its strong community spirit and connection to the University of Tennessee. It offers a mix of outdoor activities, local shops, and cultural events, making it a great place for families and retirees. With easy access to amenities and transportation, Martin provides a quality lifestyle in a charming setting.

Current Market Conditions in Martin, TN

Currently, the real estate market in Martin, TN is quite active with a growing interest from both first-time homebuyers and investors. Prices have seen a steady rise due to the increasing demand for housing in the area, particularly due to the proximity to the university and the appeal of the small-town atmosphere. The market has shown a healthy balance between buyers and sellers, with a variety of homes available at different price points.

Trends indicate that homes in Martin are being sold quickly, often within a few weeks of listing, especially those that are well-priced and in good condition. New developments and home renovations are becoming more common, enhancing the overall appeal of the community.

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 $176,272.00. 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 $217,562.00, with the most expensive house in Martin, TN, topping out at $6,466,439.00 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 Foreclosure Auction Homes


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