Obion, TN Foreclosures
Current Market Conditions in in Obion, TN As of February 2026?
Over the past month, Obion's real estate market has seen a continued interest from homebuyers, driven by the low inventory and attractive pricing. The number of active listings is lower than historical averages, leading to competitive bidding situations on well-priced homes. Many buyers are opting for homes that may require some renovations, reflecting a willingness to invest in this community. Overall, the market remains favorable for sellers, with a slight increase in average selling prices indicated for some property types.
How much do homes sell for in Obion, TN?
The average home price is currently $177,854.
What’s the average rental cost in Obion, TN?
The average rental price in Obion is $729.
What is the most expensive home in Obion?
The most expensive home sold in Obion had a price of $2,938,407.
What is currently the cheapest priced home in Obion, TN?
The cheapest home for sale in Obion is priced at $5,710.
Living in Obion, TN
Obion, Tennessee, is a small, charming town located in the northwestern part of the state. Known for its tight-knit community and rich agricultural roots, Obion provides a peaceful, rural lifestyle with a strong sense of local pride. Residents enjoy access to natural beauty, a friendly atmosphere, and a slower pace of life, making it an ideal place for families and retirees alike.
Buyer vs Seller Market in Obion, TN
The real estate market in Obion, TN is currently experiencing a steady demand due to its appealing rural lifestyle and affordability. Prices for homes remain reasonable compared to larger cities, attracting first-time buyers and those looking for investment properties. The market shows signs of resilience, with homes typically selling within a few months, depending on their condition and pricing.
Recent trends indicate a slow but positive appreciation in property values. As more people recognize the peaceful living and sense of community that Obion offers, the demand for housing is expected to increase. Many buyers are drawn to the affordability and potential for growth, making it an interesting area for real estate investment.
Home Value Estimator For Obion, TN
There are currently 989 real estate properties
in Obion, TN,
with a median automated valuation model (AVM) price
of $130,355.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Obion, 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 Obion, TN,
is $177,854.00, with the most expensive house
in Obion, TN, topping out
at $2,938,407.00 and the cheapest home
in Obion, TN,
clocking in at $5,710.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Obion, TN!
Rent Prices
In Obion, TN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Obion, TN, is on
a rollercoaster ride. The
average rent price in Obion, TN,
is $729.00. Indeed, when looking to rent in
Obion, TN, you can expect to pay as little
as $390.00 or as much
as $1,800.00,
with the average rent median estimated to
be $670.00. The good news is that finding
an affordable and desirable property to rent in Obion, 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.
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