Foreclosure Homes in Monteagle, TN

Current Market Conditions in Monteagle, TN

The Monteagle real estate market is experiencing steady growth, primarily driven by an influx of families seeking a peaceful living environment amidst nature. The current market shows a balanced inventory of homes, allowing buyers to find properties that meet their needs while maintaining reasonable sale prices.

Growth in tourism has also contributed to the need for vacation rentals, enhancing property values and drawing interest from investors. Many homes are being renovated with modern amenities, appealing to a broader demographic looking to relocate or invest in rental properties.

Rent Prices In Monteagle, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Monteagle, TN, is on a rollercoaster ride. The average rent price in Monteagle, TN, is $1,216.00. Indeed, when looking to rent in Monteagle, TN, you can expect to pay as little as $500.00 or as much as $2,620.00, with the average rent median estimated to be $1,080.00. The good news is that finding an affordable and desirable property to rent in Monteagle, 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.