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Condo Foreclosures in Ooltewah, TN

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Ooltewah, TN Foreclosures

How much do homes sell for in Ooltewah, TN?
The average home price is currently $500,692.
In Ooltewah, TN, how many homes are available?
There are currently 12 active home listings available in Ooltewah.
What’s the average rental cost in Ooltewah, TN?
The average rental price in Ooltewah is $1,758.
What is the most expensive home in Ooltewah?
The most expensive home sold in Ooltewah had a price of $87,998,760.
What is currently the cheapest priced home in Ooltewah, TN?
The cheapest home for sale in Ooltewah is priced at $10,011.

Living in Ooltewah, TN

Ooltewah, TN is a charming suburban community located north of Chattanooga, offering a peaceful lifestyle, excellent schools, and numerous recreational activities. This family-friendly environment features lush surroundings and a strong community spirit, appealing to both families and retirees alike.

Current Market Conditions in Ooltewah, TN

The real estate market in Ooltewah has shown significant growth over the past year, with property values appreciating steadily due to high demand and limited inventory. This trend is driven by the area's desirable location, strong community ties, and the influx of families moving from more urban areas seeking a quieter lifestyle.

Ooltewah's market is competitive, with homes often receiving multiple offers. As more people are drawn to the area for its affordability compared to larger cities, it's expected that home prices will continue to rise, making it a favorable environment for real estate investment.

Home Value Estimator For Ooltewah, TN

There are currently 12,508 real estate properties in Ooltewah, TN, with a median automated valuation model (AVM) price of $410,271.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Ooltewah, 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 Ooltewah, TN, is $500,692.00, with the most expensive house in Ooltewah, TN, topping out at $87,998,760.00 and the cheapest home in Ooltewah, TN, clocking in at $10,011.00. In other words, there’s something for every potential homebuyer or savvy investor in Ooltewah, TN!

Rent Prices In Ooltewah, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Ooltewah, TN, is on a rollercoaster ride. The average rent price in Ooltewah, TN, is $1,758.00. Indeed, when looking to rent in Ooltewah, TN, you can expect to pay as little as $580.00 or as much as $3,640.00, with the average rent median estimated to be $1,640.00. The good news is that finding an affordable and desirable property to rent in Ooltewah, 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.

Ooltewah, TN Condos

Market Trend for Ooltewah, TN

Total Listings Available: 12

Market Values:

Home Prices from $10,011 to $87,998,760

Average Sales Price: $500,692

Rental Values:

Rental from $580 to $3,640

Average Rent Value: $1,758 / month

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