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Condo Foreclosures 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 $222,849.
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 $2,174,200.
What is currently the cheapest priced home in Roan Mountain, TN?
The cheapest home for sale in Roan Mountain is priced at $10,253.

Living in Roan Mountain, TN

Roan Mountain, TN is a charming community nestled in the heart of the Appalachian Mountains. Known for its natural beauty and outdoor recreational opportunities, it offers a peaceful lifestyle with a close-knit community feel. Residents enjoy numerous hiking trails, local amenities, and a rich cultural heritage.

Current Market Conditions in Roan Mountain, TN

The real estate market in Roan Mountain, TN has seen a steady increase in demand recently, driven by its appeal as a vacation destination and its growing popularity among those seeking a quiet lifestyle away from urban centers. Home prices have appreciated moderately over the past few years, but they remain affordable compared to national averages, making it an attractive option for both first-time homebuyers and retirees.

Current trends indicate a rise in short-term rental investments, capitalizing on the area's tourism from nature lovers and outdoor adventurers. Homes that provide easy access to outdoor activities are particularly sought after, leading to a competitive market in specific neighborhoods.

Home Value Estimator For Roan Mountain, TN

There are currently 2,158 real estate properties in Roan Mountain, TN, with a median automated valuation model (AVM) price of $182,459.00. 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 $222,849.00, with the most expensive house in Roan Mountain, TN, topping out at $2,174,200.00 and the cheapest home in Roan Mountain, TN, clocking in at $10,253.00. 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 Condos

Market Trend for Roan Mountain, TN

Total Listings Available: 0

Market Values:

Home Prices from $10,253 to $2,174,200

Average Sales Price: $222,849

Rental Values:

Rental from $400 to $2,160

Average Rent Value: $979 / month

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