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Foreclosures in Monteagle, TN

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Monteagle, TN Foreclosures

How much do homes sell for in Monteagle, TN?
The average home price is currently $386,505.
In Monteagle, TN, how many homes are available?
There are currently 5 active home listings available in Monteagle.
What’s the average rental cost in Monteagle, TN?
The average rental price in Monteagle is $1,215.
What is the most expensive home in Monteagle?
The most expensive home sold in Monteagle had a price of $9,005,575.
What is currently the cheapest priced home in Monteagle, TN?
The cheapest home for sale in Monteagle is priced at $8,486.

Living in Monteagle, TN

Monteagle is a small town in Tennessee known for its beautiful landscapes and outdoor activities. Nestled in the Cumberland Plateau, it offers a serene environment and a close-knit community feel. With proximity to the Great Smoky Mountains, residents enjoy hiking, camping, and picturesque views, making it a delightful getaway destination.

Current Market Conditions in Monteagle, TN

The real estate market in Monteagle is currently showing signs of steady growth as more people seek the tranquility of rural living combined with access to metropolitan areas. Prices have seen an upward trend, particularly for single-family homes, making this a favorable time for sellers. The demand is increasing, resulting in quicker sales and competitive offers, especially for properties that boast land or unique views.

Interest in Monteagle has also been driven by the recent surge in remote working, with many looking to escape urban environments. This shift is encouraging a steady influx of potential buyers, including retirees and families, that are drawn to the area's charm and natural attractions.

Home Value Estimator For Monteagle, TN

There are currently 1,243 real estate properties in Monteagle, TN, with a median automated valuation model (AVM) price of $243,975.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Monteagle, 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 Monteagle, TN, is $386,505.00, with the most expensive house in Monteagle, TN, topping out at $9,005,575.00 and the cheapest home in Monteagle, TN, clocking in at $8,486.00. In other words, there’s something for every potential homebuyer or savvy investor in Monteagle, TN!

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.

Monteagle, TN Foreclosures


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