Foreclosure Homes in Pelham, TN

Current Market Conditions in Pelham, TN

The real estate market in Pelham has been steadily growing, with an uptick in interest from home buyers seeking peaceful surroundings away from the hustle and bustle of larger cities. Recent trends show that home prices have risen slightly, reflecting increased demand for housing in this scenic area. However, the overall market remains affordable compared to larger urban centers.

There is a growing trend of young families moving to Pelham in search of more space and a more leisurely lifestyle. This influx is helping to stimulate the local economy and foster community development.

Rent Prices In Pelham, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Pelham, TN, is on a rollercoaster ride. The average rent price in Pelham, TN, is $1,014.00. Indeed, when looking to rent in Pelham, TN, you can expect to pay as little as $580.00 or as much as $2,100.00, with the average rent median estimated to be $960.00. The good news is that finding an affordable and desirable property to rent in Pelham, 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.