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Foreclosure Homes in Roan Mountain, TN

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Roan Mountain, TN Foreclosures

How much do homes sell for in Roan Mountain, TN?
The average home price is currently $217,422.
In Roan Mountain, TN, how many homes are available?
There are currently 8 active home listings available in Roan Mountain.
What’s the average rental cost in Roan Mountain, TN?
The average rental price in Roan Mountain is $979.
What is the most expensive home in Roan Mountain?
The most expensive home sold in Roan Mountain had a price of $2,120,100.
What is currently the cheapest priced home in Roan Mountain, TN?
The cheapest home for sale in Roan Mountain is priced at $11,410.

Living in Roan Mountain, TN

Roan Mountain, TN, is a picturesque town nestled in the Appalachian Mountains, known for its stunning outdoor scenery and friendly community. The area is rich with recreational opportunities such as hiking and fishing in the nearby Roan Mountain State Park, as well as unique local shops and eateries. With breathtaking views and vibrant seasonal festivals, Roan Mountain offers a peaceful yet engaging lifestyle for residents and visitors alike.

Current Market Conditions in Roan Mountain, TN

The real estate market in Roan Mountain is currently characterized by a steady demand for properties, especially among those seeking vacation homes or retirement options. Prices have seen a consistent increase over the past few years, reflecting the area's growing popularity due to its natural beauty and recreational opportunities. Homes in the region vary widely, catering to both budget-conscious buyers and those looking for luxury mountain retreats.

Home Value Estimator For Roan Mountain, TN

There are currently 1,891 real estate properties in Roan Mountain, TN, with a median automated valuation model (AVM) price of $179,369.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Roan Mountain, 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 Roan Mountain, TN, is $217,422.00, with the most expensive house in Roan Mountain, TN, topping out at $2,120,100.00 and the cheapest home in Roan Mountain, TN, clocking in at $11,410.00. In other words, there’s something for every potential homebuyer or savvy investor in Roan Mountain, TN!

Rent Prices In Roan Mountain, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Roan Mountain, TN, is on a rollercoaster ride. The average rent price in Roan Mountain, TN, is $979.00. Indeed, when looking to rent in Roan Mountain, TN, you can expect to pay as little as $400.00 or as much as $2,160.00, with the average rent median estimated to be $930.00. The good news is that finding an affordable and desirable property to rent in Roan Mountain, 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.

Roan Mountain, TN Foreclosures

Market Trend for Roan Mountain, TN

Total Listings Available: 8

Market Values:

Home Prices from $11,410 to $2,120,100

Average Sales Price: $217,422

Rental Values:

Rental from $400 to $2,160

Average Rent Value: $979 / month

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