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Foreclosure Homes in Ridgely, TN 38080

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Ridgely, TN Foreclosures

Current Market Conditions in in Ridgely, TN As of February 2026?
In the past month, there has been a notable uptick in housing activities within Ridgely, with increased interest from potential buyers as they seek out homes in rural locations. Several properties have received multiple offers, and sellers are starting to price their homes with optimistic projections. The local real estate agents have reported that properties, when priced reasonably, are selling relatively quickly compared to earlier in the year. Interest rates have stabilized, encouraging buyers to enter the market.
How much do homes sell for in Ridgely, TN?
The average home price is currently $133,692.
In Ridgely, TN, how many homes are available?
There are currently 12 active home listings available in Ridgely.
What’s the average rental cost in Ridgely, TN?
The average rental price in Ridgely is $743.
What is the most expensive home in Ridgely?
The most expensive home sold in Ridgely had a price of $4,181,242.
What is currently the cheapest priced home in Ridgely, TN?
The cheapest home for sale in Ridgely is priced at $3,005.

Living in Ridgely, TN

Ridgely is a small town in northwest Tennessee known for its tight-knit community and rich agricultural history. Located near the scenic Reelfoot Lake, residents enjoy rural charm with easy access to outdoor activities. With convenient amenities and a welcoming atmosphere, Ridgely presents a perfect blend of tranquility and accessibility.

Buyer vs Seller Market in Ridgely, TN

The real estate market in Ridgely is currently showing signs of growth as demand for family homes increases. The small-town charm combined with the surrounding nature has attracted new residents seeking a quieter lifestyle away from urban areas. As a result, home prices have seen a modest increase over the past year, with a variety of properties available to suit different budgets.

With a steady flow of buyers looking for residential properties, the market remains moderately competitive. Locals and newcomers alike are drawn to the area for its affordability compared to larger urban areas while still providing essential connectivity to necessary services.

Home Value Estimator For Ridgely, TN

There are currently 1,018 real estate properties in Ridgely, TN, with a median automated valuation model (AVM) price of $90,360.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Ridgely, 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 Ridgely, TN, is $133,692.00, with the most expensive house in Ridgely, TN, topping out at $4,181,242.00 and the cheapest home in Ridgely, TN, clocking in at $3,005.00. In other words, there’s something for every potential homebuyer or savvy investor in Ridgely, TN!

Rent Prices In Ridgely, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Ridgely, TN, is on a rollercoaster ride. The average rent price in Ridgely, TN, is $743.00. Indeed, when looking to rent in Ridgely, TN, you can expect to pay as little as $410.00 or as much as $1,880.00, with the average rent median estimated to be $730.00. The good news is that finding an affordable and desirable property to rent in Ridgely, 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.

Ridgely, TN 38080 Foreclosures


Market Trend for Ridgely, TN

Total Listings Available: 12

Market Values:

Home Prices from $3,005 to $4,181,242

Average Sales Price: $133,692

Rental Values:

Rental from $410 to $1,880

Average Rent Value: $743 / month

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