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Foreclosure Auction Homes in Milan, TN

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Milan, TN Foreclosures

How much do homes sell for in Milan, TN?
The average home price is currently $214,835.
In Milan, TN, how many homes are available?
There are currently 1 active home listings available in Milan.
What’s the average rental cost in Milan, TN?
The average rental price in Milan is $954.
What is the most expensive home in Milan?
The most expensive home sold in Milan had a price of $17,847,520.
What is currently the cheapest priced home in Milan, TN?
The cheapest home for sale in Milan is priced at $5,086.

Living in Milan, TN

Milan, TN, is a welcoming small city known for its rich agricultural roots and community-oriented environment. It offers a variety of amenities, parks, and educational institutions, making it an ideal place for families. With a blend of rural charm and modern conveniences, Milan is a great location for both residents and visitors.

Current Market Conditions in Milan, TN

The real estate market in Milan, TN, is seeing a steady increase in demand. As more families and individuals seek affordable living options in suburban settings, the market has become more competitive. Homes are being sold relatively quickly, and prices are beginning to rise as inventory remains low compared to demand.

Investors and first-time homebuyers find Milan appealing due to its cost-effective property options and community-friendly environment. The market is attractive for rental properties as well, as the population grows and the local workforce expands.

Home Value Estimator For Milan, TN

There are currently 5,395 real estate properties in Milan, TN, with a median automated valuation model (AVM) price of $161,639.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Milan, 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 Milan, TN, is $214,835.00, with the most expensive house in Milan, TN, topping out at $17,847,520.00 and the cheapest home in Milan, TN, clocking in at $5,086.00. In other words, there’s something for every potential homebuyer or savvy investor in Milan, TN!

Rent Prices In Milan, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Milan, TN, is on a rollercoaster ride. The average rent price in Milan, TN, is $954.00. Indeed, when looking to rent in Milan, TN, you can expect to pay as little as $490.00 or as much as $2,300.00, with the average rent median estimated to be $880.00. The good news is that finding an affordable and desirable property to rent in Milan, 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.

Milan, TN Foreclosure Auction Homes


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