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Foreclosure Auction Homes in Medon, TN

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Medon, TN Foreclosures

How much do homes sell for in Medon, TN?
The average home price is currently $159,397.
In Medon, TN, how many homes are available?
There are currently 7 active home listings available in Medon.
What’s the average rental cost in Medon, TN?
The average rental price in Medon is $933.
What is the most expensive home in Medon?
The most expensive home sold in Medon had a price of $1,662,954.
What is currently the cheapest priced home in Medon, TN?
The cheapest home for sale in Medon is priced at $2,765.

Living in Medon, TN

Medon, TN is a charming small town that provides residents with a peaceful and close-knit community. Surrounded by beautiful landscapes and rich nature, it offers a quaint lifestyle while remaining conveniently connected to larger urban areas. With good schools and outdoor activities, it's a great place for families and retirees alike.

Current Market Conditions in Medon, TN

The real estate market in Medon is characterized by affordable housing options, with prices generally lower than the national average. The demand for homes has been steadily increasing as more people seek out the tranquility of small-town living in Tennessee.

As of late 2023, there are signs of growth within the community, with several developments planned, indicating a rising interest in the area. This trend presents excellent opportunities for both buyers and investors looking to enter the market.

Home Value Estimator For Medon, TN

There are currently 1,285 real estate properties in Medon, TN, with a median automated valuation model (AVM) price of $118,707.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Medon, 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 Medon, TN, is $159,397.00, with the most expensive house in Medon, TN, topping out at $1,662,954.00 and the cheapest home in Medon, TN, clocking in at $2,765.00. In other words, there’s something for every potential homebuyer or savvy investor in Medon, TN!

Rent Prices In Medon, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Medon, TN, is on a rollercoaster ride. The average rent price in Medon, TN, is $933.00. Indeed, when looking to rent in Medon, TN, you can expect to pay as little as $510.00 or as much as $1,940.00, with the average rent median estimated to be $860.00. The good news is that finding an affordable and desirable property to rent in Medon, 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.

Medon, TN Foreclosure Auction Homes


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