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Foreclosure Homes in Powell, TN

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Powell, TN Foreclosures

How much do homes sell for in Powell, TN?
The average home price is currently $356,378.
In Powell, TN, how many homes are available?
There are currently 41 active home listings available in Powell.
What’s the average rental cost in Powell, TN?
The average rental price in Powell is $1,406.
What is the most expensive home in Powell?
The most expensive home sold in Powell had a price of $4,674,097.
What is currently the cheapest priced home in Powell, TN?
The cheapest home for sale in Powell is priced at $12,421.

Living in Powell, TN

Powell, TN is a picturesque suburb of Knoxville, offering a welcoming community atmosphere, top-rated schools, and plenty of outdoor activities. With its proximity to Knoxville, residents have access to urban conveniences while enjoying a peaceful suburban lifestyle.

Current Market Conditions in Powell, TN

The current real estate market in Powell, TN remains competitive as demand continues to outpace supply. Home prices have seen a steady increase due to the area's desirability, with many homes receiving multiple offers within days of listing.

Recently, Powell has attracted an influx of families and young professionals, leading to the development of new housing projects and an increase in local business activity. This growth supports a positive outlook for property value appreciation in the near future.

Home Value Estimator For Powell, TN

There are currently 9,637 real estate properties in Powell, TN, with a median automated valuation model (AVM) price of $342,530.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Powell, 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 Powell, TN, is $356,378.00, with the most expensive house in Powell, TN, topping out at $4,674,097.00 and the cheapest home in Powell, TN, clocking in at $12,421.00. In other words, there’s something for every potential homebuyer or savvy investor in Powell, TN!

Rent Prices In Powell, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Powell, TN, is on a rollercoaster ride. The average rent price in Powell, TN, is $1,406.00. Indeed, when looking to rent in Powell, TN, you can expect to pay as little as $510.00 or as much as $2,460.00, with the average rent median estimated to be $1,410.00. The good news is that finding an affordable and desirable property to rent in Powell, 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.

Powell, TN Foreclosures


Market Trend for Powell, TN

Total Listings Available: 41

Market Values:

Home Prices from $12,421 to $4,674,097

Average Sales Price: $356,378

Rental Values:

Rental from $510 to $2,460

Average Rent Value: $1,406 / month

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