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Foreclosure Homes in Pelham, TN 37366

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Pelham, TN Foreclosures

Current Market Conditions in in Pelham, TN As of March 2026?
In the past month, the real estate market in Pelham has shown signs of stabilization after a surge in home purchases during the summer months. Inventory levels have increased slightly, giving buyers more options while prices have remained steady, reflecting a balanced market. This trend indicates that potential buyers are becoming more cautious and taking their time to find the right property rather than rushing into decisions, which could lead to more sustainable growth in the coming months.
How much do homes sell for in Pelham, TN?
The average home price is currently $285,837.
In Pelham, TN, how many homes are available?
There are currently 1 active home listings available in Pelham.
What’s the average rental cost in Pelham, TN?
The average rental price in Pelham is $1,014.
What is the most expensive home in Pelham?
The most expensive home sold in Pelham had a price of $3,140,223.
What is currently the cheapest priced home in Pelham, TN?
The cheapest home for sale in Pelham is priced at $7,807.

Living in Pelham, TN

Pelham, Tennessee, is a tranquil, small town that combines natural beauty with a tight-knit community feel. The area offers outdoor activities and a variety of amenities, providing a comfortable lifestyle for residents, particularly families and those looking for a quiet retreat.

Buyer vs Seller Market in Pelham, TN

The real estate market in Pelham is currently experiencing moderate growth, with an increase in both demand and property values over the past year. Potential buyers are attracted to the area for its affordability and quality of life, leading to a steady increase in home sales.

Due to its small-town charm, Pelham has seen interest from families and individuals looking for more space and a quieter environment compared to larger urban centers, which has kept the market competitive.

Home Value Estimator For Pelham, TN

There are currently 491 real estate properties in Pelham, TN, with a median automated valuation model (AVM) price of $223,800.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Pelham, 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 Pelham, TN, is $285,837.00, with the most expensive house in Pelham, TN, topping out at $3,140,223.00 and the cheapest home in Pelham, TN, clocking in at $7,807.00. In other words, there’s something for every potential homebuyer or savvy investor in Pelham, TN!

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.

Pelham, TN 37366 Foreclosures

Market Trend for Pelham, TN

Total Listings Available: 1

Market Values:

Home Prices from $7,807 to $3,140,223

Average Sales Price: $285,837

Rental Values:

Rental from $580 to $2,100

Average Rent Value: $1,014 / month

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