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Foreclosures in Red Bank, TN

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Red Bank, TN Foreclosures

How much do homes sell for in Red Bank, TN?
The average home price is currently $402,666.
In Red Bank, TN, how many homes are available?
There are currently 1 active home listings available in Red Bank.
What’s the average rental cost in Red Bank, TN?
The average rental price in Red Bank is $1,160.
What is the most expensive home in Red Bank?
The most expensive home sold in Red Bank had a price of $46,146,252.
What is currently the cheapest priced home in Red Bank, TN?
The cheapest home for sale in Red Bank is priced at $29,474.

Living in Red Bank, TN

Red Bank, TN is a quaint suburb of Chattanooga that offers the charm of small-town living with access to urban conveniences. Residents enjoy beautiful parks, quality schools, and a great community spirit. The area features a mix of dining, shopping, and recreational activities, making it an ideal place for families and individuals alike.

Current Market Conditions in Red Bank, TN

The real estate market in Red Bank has experienced steady growth over the past few years, with a slight increase in home values as demand rises. The community is appealing to first-time homebuyers and families looking for affordable yet quality housing options close to Chattanooga.

Investors are also recognizing the opportunity in Red Bank, with rental properties seeing consistent occupancy rates due to the area's excellent school district and community amenities.

Home Value Estimator For Red Bank, TN

There are currently 773 real estate properties in Red Bank, TN, with a median automated valuation model (AVM) price of $282,332.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Red Bank, 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 Red Bank, TN, is $402,666.00, with the most expensive house in Red Bank, TN, topping out at $46,146,252.00 and the cheapest home in Red Bank, TN, clocking in at $29,474.00. In other words, there’s something for every potential homebuyer or savvy investor in Red Bank, TN!

Rent Prices In Red Bank, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Red Bank, TN, is on a rollercoaster ride. The average rent price in Red Bank, TN, is $1,160.00. Indeed, when looking to rent in Red Bank, TN, you can expect to pay as little as $650.00 or as much as $2,420.00, with the average rent median estimated to be $1,140.00. The good news is that finding an affordable and desirable property to rent in Red Bank, 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.

Red Bank, TN Foreclosures


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