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Foreclosure Homes in Michie, TN 38357

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Michie, TN Foreclosures

How much do homes sell for in Michie, TN?
The average home price is currently $178,316.
In Michie, TN, how many homes are available?
There are currently 7 active home listings available in Michie.
What’s the average rental cost in Michie, TN?
The average rental price in Michie is $929.
What is the most expensive home in Michie?
The most expensive home sold in Michie had a price of $1,449,600.
What is currently the cheapest priced home in Michie, TN?
The cheapest home for sale in Michie is priced at $4,082.

Living in Michie, TN

Michie, TN is a quaint and peaceful small town characterized by its rural charm and vibrant community spirit. With access to local amenities, parks, and schools, it offers a family-friendly environment suitable for residents of all ages. The natural beauty surrounding Michie enhances the quality of life, making it an appealing area for those seeking tranquility while still being connected to essential services.

Current Market Conditions in Michie, TN

The real estate market in Michie, TN is currently exhibiting a balanced state, with steady listing levels and reasonable buyer interest. Home prices have shown slight fluctuations over recent months, indicating a stable demand for properties. The trend reflects a growing appreciation for rural lifestyles as more individuals look to escape urban congestion and enjoy serene living.

Currently, properties in Michie are seeing consistent activity with a mix of first-time homebuyers and retirees entering the market. As the trend for remote work continues and families seek larger homes, the market is gradually shifting towards more spacious properties, increasing competition for available listings.

Home Value Estimator For Michie, TN

There are currently 1,335 real estate properties in Michie, TN, with a median automated valuation model (AVM) price of $152,714.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Michie, 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 Michie, TN, is $178,316.00, with the most expensive house in Michie, TN, topping out at $1,449,600.00 and the cheapest home in Michie, TN, clocking in at $4,082.00. In other words, there’s something for every potential homebuyer or savvy investor in Michie, TN!

Rent Prices In Michie, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Michie, TN, is on a rollercoaster ride. The average rent price in Michie, TN, is $929.00. Indeed, when looking to rent in Michie, TN, you can expect to pay as little as $400.00 or as much as $2,080.00, with the average rent median estimated to be $890.00. The good news is that finding an affordable and desirable property to rent in Michie, 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.

Michie, TN 38357 Foreclosures

Market Trend for Michie, TN

Total Listings Available: 7

Market Values:

Home Prices from $4,082 to $1,449,600

Average Sales Price: $178,316

Rental Values:

Rental from $400 to $2,080

Average Rent Value: $929 / month

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