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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 $192,975.
In Milan, TN, how many homes are available?
There are currently 70 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 $6,400,307.
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 tight-knit community known for its friendly atmosphere and small-town charm. It offers a balanced lifestyle with access to nature, community events, and quality education. The town is conveniently located near larger cities, making it ideal for families seeking a peaceful yet connected lifestyle.

Current Market Conditions in Milan, TN

The real estate market in Milan is experiencing steady growth, fueled by an influx of families moving to the area for its quality schools and community-driven environment. Homes are selling at competitive prices, with a diverse range of options for both buyers and renters. Investors are recognizing Milan for its potential, leading to an uptick in new construction and renovations throughout the town.

Current trends indicate that homes in Milan are appreciating in value, particularly as more people seek affordable housing options outside larger urban centers. With low inventory and rising demand, buyers are encouraged to act quickly when potential properties hit the market.

Home Value Estimator For Milan, TN

There are currently 4,903 real estate properties in Milan, TN, with a median automated valuation model (AVM) price of $160,951.00. 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 $192,975.00, with the most expensive house in Milan, TN, topping out at $6,400,307.00 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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