Foreclosure Homes in Monteagle, TN 37356

Current Market Conditions in Monteagle, TN

The real estate market in Monteagle is characterized by a mix of affordable homes and rising interest in vacation rentals due to its proximity to outdoor attractions. The demand for properties, especially those with scenic views and easy access to local parks, has seen an uptick as more people look to escape urban environments in favor of rural retreats.

Recent trends indicate stabilizing home prices, with a slight increase in value as more buyers discover the charm of the area. This has made Monteagle a prime spot for both long-term residents and potential investors looking to capitalize on the growing interest in the area.

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 $1,215.00. 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.