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Rent To Own Homes in Reliance, TN

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Reliance, TN Foreclosures

How much do homes sell for in Reliance, TN?
The average home price is currently $248,006.
In Reliance, TN, how many homes are available?
There are currently 4 active home listings available in Reliance.
What’s the average rental cost in Reliance, TN?
The average rental price in Reliance is $1,079.
What is the most expensive home in Reliance?
The most expensive home sold in Reliance had a price of $1,880,004.
What is currently the cheapest priced home in Reliance, TN?
The cheapest home for sale in Reliance is priced at $9,656.

Living in Reliance, TN

Reliance, TN is a charming small town situated in the heart of the Appalachian Mountains, perfect for those seeking a tranquil lifestyle surrounded by nature. It offers various outdoor activities and a close-knit community vibe, with essential amenities nearby.

Current Market Conditions in Reliance, TN

The real estate market in Reliance, TN is currently experiencing a steady increase in demand. The serene environment and recreational opportunities attract buyers looking for second homes and retirees, which has contributed to the rising prices.

Several properties have recently been sold at or above their list prices, reflecting an active market. The influx of buyers seeking a slower pace of life has kept the market robust, with a limited supply of homes available.

Home Value Estimator For Reliance, TN

There are currently 492 real estate properties in Reliance, TN, with a median automated valuation model (AVM) price of $200,800.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Reliance, 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 Reliance, TN, is $248,006.00, with the most expensive house in Reliance, TN, topping out at $1,880,004.00 and the cheapest home in Reliance, TN, clocking in at $9,656.00. In other words, there’s something for every potential homebuyer or savvy investor in Reliance, TN!

Rent Prices In Reliance, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Reliance, TN, is on a rollercoaster ride. The average rent price in Reliance, TN, is $1,079.00. Indeed, when looking to rent in Reliance, TN, you can expect to pay as little as $430.00 or as much as $2,090.00, with the average rent median estimated to be $1,050.00. The good news is that finding an affordable and desirable property to rent in Reliance, 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.

Reliance, TN Rent To Own Homes

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