Petros, TN Foreclosures
How much do homes sell for in Petros, TN?
The average home price is currently $150,099.
What’s the average rental cost in Petros, TN?
The average rental price in Petros is $821.
What is the most expensive home in Petros?
The most expensive home sold in Petros had a price of $457,467.
What is currently the cheapest priced home in Petros, TN?
The cheapest home for sale in Petros is priced at $27,430.
Living in Petros, TN
Petros, TN, is a charming small town known for its friendly community and access to stunning natural beauty. With a relaxed lifestyle, it offers outdoor activities such as hiking and local parks, making it an ideal place for nature enthusiasts. Its proximity to larger urban centers allows residents to enjoy the best of both worlds: tranquility and convenience.
Current Market Conditions in Petros, TN
The real estate market in Petros has shown signs of stability, with a modest demand for housing driven by the area's natural beauty and affordability. Buyers are drawn to the picturesque surroundings and sense of community, which keep the market active.
In recent months, there has been an increased interest in properties that offer outdoor access, and inventory remains relatively low. As a result, homeowners can expect reasonable appreciation in property values, making it a good time for both buyers and sellers.
Home Value Estimator For Petros, TN
There are currently 75 real estate properties
in Petros, TN,
with a median automated valuation model (AVM) price
of $145,157.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Petros, 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 Petros, TN,
is $150,099.00, with the most expensive house
in Petros, TN, topping out
at $457,467.00 and the cheapest home
in Petros, TN,
clocking in at $27,430.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Petros, TN!
Rent Prices
In Petros, TN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Petros, TN, is on
a rollercoaster ride. The
average rent price in Petros, TN,
is $821.00. Indeed, when looking to rent in
Petros, TN, you can expect to pay as little
as $550.00 or as much
as $1,690.00,
with the average rent median estimated to
be $820.00. The good news is that finding
an affordable and desirable property to rent in Petros, 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.
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