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Foreclosure Auction Homes in Ridgely, TN

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Living in Ridgely, TN

Ridgely, TN is a quaint town that combines a strong sense of community with beautiful outdoor landscapes. With excellent schools and access to local amenities, it offers a comfortable lifestyle for families and retirees. The area is known for its friendly residents and scenic recreation opportunities.

Current Market Conditions in Ridgely, TN

The Ridgely real estate market is currently stable, showing steady demand for homes. Properties typically sell within a reasonable timeframe, and the prices have remained competitive. Buyers appreciate the affordability offered in Ridgely as compared to larger cities, which continues to attract new families and investors.

Over the past few months, new listings have been on the rise, suggesting a growing interest in the area. The market is seeing a healthy mix of established homes and new constructions catering to diverse buyer preferences.

Home Value Estimator For Ridgely, TN

There are currently 936 real estate properties in Ridgely, TN, with a median automated valuation model (AVM) price of $94,321.00. 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 $124,104.00, with the most expensive house in Ridgely, TN, topping out at $4,267,791.00 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 Foreclosure Auction Homes


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