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Bankruptcy Homes in Palmer, TN

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Palmer, TN Foreclosures

How much do homes sell for in Palmer, TN?
The average home price is currently $140,405.
In Palmer, TN, how many homes are available?
There are currently 1 active home listings available in Palmer.
What’s the average rental cost in Palmer, TN?
The average rental price in Palmer is $813.
What is the most expensive home in Palmer?
The most expensive home sold in Palmer had a price of $2,221,094.
What is currently the cheapest priced home in Palmer, TN?
The cheapest home for sale in Palmer is priced at $3,883.

Living in Palmer, TN

Palmer, TN is a charming rural community located in the Sequatchie Valley, offering a peaceful lifestyle with access to nature, family-friendly amenities, and quality education. Just a short drive from larger cities, it’s an ideal place for those looking to enjoy the tranquility of small-town living while still being connected to regional hubs.

Current Market Conditions in Palmer, TN

The real estate market in Palmer is characterized by a steady demand for homes, especially among families and individuals seeking a quiet lifestyle. The community’s affordable housing options have made it attractive to first-time homebuyers and retirees alike. With the ongoing trend of remote work, many are looking to rural locations like Palmer for lower costs and enhanced quality of life.

Home values in Palmer have seen gradual appreciation, reflecting a stable market even amidst broader economic fluctuations. There is a growing interest in properties with larger plots of land, catering to those who value outdoor space and self-sustainability.

Home Value Estimator For Palmer, TN

There are currently 826 real estate properties in Palmer, TN, with a median automated valuation model (AVM) price of $116,600.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Palmer, 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 Palmer, TN, is $140,405.00, with the most expensive house in Palmer, TN, topping out at $2,221,094.00 and the cheapest home in Palmer, TN, clocking in at $3,883.00. In other words, there’s something for every potential homebuyer or savvy investor in Palmer, TN!

Rent Prices In Palmer, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Palmer, TN, is on a rollercoaster ride. The average rent price in Palmer, TN, is $813.00. Indeed, when looking to rent in Palmer, TN, you can expect to pay as little as $480.00 or as much as $1,920.00, with the average rent median estimated to be $750.00. The good news is that finding an affordable and desirable property to rent in Palmer, 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.

Palmer, TN Bankruptcy Homes

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