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Foreclosures in Michie, TN

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Living in Michie, TN

Michie, TN is a quaint and peaceful town that offers a rustic charm and strong community vibes. With abundant outdoor activities and friendly locals, it’s an ideal location for those who appreciate a slower pace of life. The mix of nature and local culture makes it an attractive spot for homeowners and investors alike.

Current Market Conditions in Michie, TN

The real estate market in Michie is currently experiencing stable growth as more people seek out serene living environments away from the hustle and bustle of urban areas. Property values have seen a gradual increase as demand rises for homes that offer a combination of comfort and natural beauty.

Investors can find opportunities in both single-family homes and land for development. The affordability of properties in Michie, compared to nearby towns, makes it an attractive option for first-time buyers and real estate investors.

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 $142,853.00. 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 $170,682.00, with the most expensive house in Michie, TN, topping out at $1,467,413.00 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 Foreclosures

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