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Condo Foreclosures in Pelham, TN 37366

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Pelham, TN Foreclosures

Current Market Conditions in in Pelham, TN As of February 2026?
In the past month, the real estate market in Pelham, TN, has experienced a slight uptick in listings, offering potential buyers more options than earlier in the year. The average home price has stabilized, showing only minor fluctuations, signaling a balanced market that is favorable for both sellers and buyers. With more homes entering the market, we can expect an increase in competitive offers, particularly for well-priced and newly renovated properties. As we move into the fall season, it’s anticipated that buyer interest will continue to grow, especially among those seeking a peaceful, suburban lifestyle.
How much do homes sell for in Pelham, TN?
The average home price is currently $289,947.
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 $4,212,349.
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, TN is a charming small town characterized by its friendly residents and beautiful natural surroundings. With great schools, local amenities, and easy access to outdoor activities, it offers a perfect blend of rural charm and community spirit. Whether you're looking for a quiet lifestyle or wanting to explore nearby city life, Pelham has much to offer.

Buyer vs Seller Market in Pelham, TN

The housing market in Pelham has been relatively stable over the past few months, showing signs of steady growth as more families and individuals are discovering the appeal of the area. The average home price has seen a modest increase, indicating higher demand for residential properties.

Currently, Pelham has become increasingly attractive to both first-time homebuyers and investors. The market's strong potential for appreciation, paired with the community’s focus on maintaining a family-friendly environment, contributes to a promising investment outlook for the near future.

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 $226,225.00. 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 $289,947.00, with the most expensive house in Pelham, TN, topping out at $4,212,349.00 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 Condos

Market Trend for Pelham, TN

Total Listings Available: 0

Market Values:

Home Prices from $7,807 to $4,212,349

Average Sales Price: $289,947

Rental Values:

Rental from $580 to $2,100

Average Rent Value: $1,014 / month

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