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Cheap Homes in Powell, TN

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Living in Powell, TN

Powell, TN offers a suburban lifestyle with a strong community spirit and excellent schools. Its proximity to Knoxville provides convenient access to urban amenities while maintaining a peaceful neighborhood feel. With outdoor activities and local parks, it's an ideal place for families and professionals alike.

Current Market Conditions in Powell, TN

The real estate market in Powell is currently seeing steady growth, with a rise in demand for residential properties. The combination of affordable housing options and a desirable location near Knoxville attracts both first-time homebuyers and investors.

Trends indicate a consistent increase in property values, making it an opportune time for investment. The influx of new residents seeking to move into the area is helping to drive this growth, resulting in a competitive but favorable market for sellers.

Home Value Estimator For Powell, TN

There are currently 9,630 real estate properties in Powell, TN, with a median automated valuation model (AVM) price of $343,963.00. 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 $356,955.00, with the most expensive house in Powell, TN, topping out at $4,630,955.00 and the cheapest home in Powell, TN, clocking in at $12,435.00. 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 $1,407.00. 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.

Cheap Homes in Powell, TN


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