Obion, TN Foreclosures
How much do homes sell for in Obion, TN?
The average home price is currently $162,240.
In Obion, TN, how many homes are available?
There are currently 13 active home listings available in Obion.
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 $2,948,782.
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, TN, is a quaint town that prides itself on its community spirit and scenic beauty. With a friendly atmosphere and access to various outdoor activities, it's perfect for families and individuals seeking a peaceful lifestyle. The town offers essential amenities while maintaining small-town charm, making it an appealing choice for potential homeowners.
Current Market Conditions in Obion, TN
The real estate market in Obion, TN has experienced stability over the past year, with a balance of buyers and sellers. Home prices have shown slight increases, indicating a growing interest in the community as more individuals seek affordable housing options in a rural setting.
In recent months, demand for homes in Obion has surged, particularly among first-time homebuyers and families. With its affordable home prices compared to nearby urban areas, the market is seeing a trend of families relocating for greater space and a quieter lifestyle.
Home Value Estimator For Obion, TN
There are currently 888 real estate properties
in Obion, TN,
with a median automated valuation model (AVM) price
of $132,005.00. 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 $162,240.00, with the most expensive house
in Obion, TN, topping out
at $2,948,782.00 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.