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Foreclosure Homes in Portland, TN

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Portland, TN Foreclosures

How much do homes sell for in Portland, TN?
The average home price is currently $363,133.
In Portland, TN, how many homes are available?
There are currently 87 active home listings available in Portland.
What’s the average rental cost in Portland, TN?
The average rental price in Portland is $1,222.
What is the most expensive home in Portland?
The most expensive home sold in Portland had a price of $45,608,700.
What is currently the cheapest priced home in Portland, TN?
The cheapest home for sale in Portland is priced at $12,712.

Living in Portland, TN

Portland, Tennessee is a quaint suburban city known for its hospitality and community spirit. It provides easy access to essential amenities, parks, and well-rated schools. This city is a perfect blend of peaceful living with convenient connections to major metropolitan areas.

Current Market Conditions in Portland, TN

The real estate market in Portland is currently favorable for buyers, with a variety of homes available at different price points. The average home price has seen a steady increase over the past year, indicating a growing interest in the area.

In recent months, there has been a notable surge in listings due to new developments, making it an opportune time for buyers to explore their options. Investors are also beginning to take notice of the market potential as more individuals seek homes in this desirable location.

Home Value Estimator For Portland, TN

There are currently 8,837 real estate properties in Portland, TN, with a median automated valuation model (AVM) price of $307,400.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Portland, 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 Portland, TN, is $363,133.00, with the most expensive house in Portland, TN, topping out at $45,608,700.00 and the cheapest home in Portland, TN, clocking in at $12,712.00. In other words, there’s something for every potential homebuyer or savvy investor in Portland, TN!

Rent Prices In Portland, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Portland, TN, is on a rollercoaster ride. The average rent price in Portland, TN, is $1,222.00. Indeed, when looking to rent in Portland, TN, you can expect to pay as little as $640.00 or as much as $2,550.00, with the average rent median estimated to be $1,180.00. The good news is that finding an affordable and desirable property to rent in Portland, 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.

Portland, TN Foreclosures


Market Trend for Portland, TN

Total Listings Available: 87

Market Values:

Home Prices from $12,712 to $45,608,700

Average Sales Price: $363,133

Rental Values:

Rental from $640 to $2,550

Average Rent Value: $1,222 / month

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