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Cheap Homes in Munford, TN

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Munford, TN Foreclosures

Current Market Conditions in in Munford, TN As of February 2026?
Over the past month, the Munford real estate market has shown signs of stability, with minor fluctuations in pricing but no drastic changes in inventory levels. The average time on the market has slightly decreased, indicating a growing interest from prospective buyers. Local listings are receiving multiple offers, particularly for family-sized homes, reflecting the increasing desirability of the area as more families seek out suburban living.
How much do homes sell for in Munford, TN?
The average home price is currently $277,553.
In Munford, TN, how many homes are available?
There are currently 1 active home listings available in Munford.
What’s the average rental cost in Munford, TN?
The average rental price in Munford is $1,130.
What is the most expensive home in Munford?
The most expensive home sold in Munford had a price of $10,271,867.
What is currently the cheapest priced home in Munford, TN?
The cheapest home for sale in Munford is priced at $12,131.

Living in Munford, TN

Munford, TN is a quaint and welcoming town that offers a unique blend of rural charm and modern conveniences. Situated just a short drive from Memphis, it provides residents with access to urban amenities while enjoying a peaceful lifestyle. The community prides itself on its local events, parks, and strong schools, making it an ideal location for families and individuals alike.

Buyer vs Seller Market in Munford, TN

The real estate market in Munford currently displays a steady trend with moderate growth. Buyers can find various housing options ranging from single-family homes to townhouses, catering to both affordable and higher-end markets. As the demand for suburban living increases, Munford's appealing environment continues to attract interested buyers, sustaining an active market.

Home Value Estimator For Munford, TN

There are currently 4,459 real estate properties in Munford, TN, with a median automated valuation model (AVM) price of $261,250.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Munford, 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 Munford, TN, is $277,553.00, with the most expensive house in Munford, TN, topping out at $10,271,867.00 and the cheapest home in Munford, TN, clocking in at $12,131.00. In other words, there’s something for every potential homebuyer or savvy investor in Munford, TN!

Rent Prices In Munford, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Munford, TN, is on a rollercoaster ride. The average rent price in Munford, TN, is $1,130.00. Indeed, when looking to rent in Munford, TN, you can expect to pay as little as $570.00 or as much as $2,420.00, with the average rent median estimated to be $1,070.00. The good news is that finding an affordable and desirable property to rent in Munford, 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.

Cheap Homes in Munford, TN

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