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Preforeclosure Homes in Rutledge, TN 37861

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Rutledge, TN Foreclosures

How much do homes sell for in Rutledge, TN?
The average home price is currently $246,844.
In Rutledge, TN, how many homes are available?
There are currently 3 active home listings available in Rutledge.
What’s the average rental cost in Rutledge, TN?
The average rental price in Rutledge is $1,023.
What is the most expensive home in Rutledge?
The most expensive home sold in Rutledge had a price of $2,213,400.
What is currently the cheapest priced home in Rutledge, TN?
The cheapest home for sale in Rutledge is priced at $8,313.

Living in Rutledge, TN

Rutledge, TN, is a friendly small town characterized by its scenic views, historic charm, and vibrant community. Residents enjoy a serene lifestyle with access to outdoor activities and quality education. It's ideal for families and those looking for a peaceful retreat.

Current Market Conditions in Rutledge, TN

The Rutledge real estate market has shown steady growth over the past year, with an increased demand for homes, especially among families and retirees seeking a tranquil lifestyle. Current listings show a range of prices, making it accessible for various buyers. New developments are on the rise, indicating a positive trend for potential investors in the area.

Given the small-town charm and strategic location near Cherokee Lake, the housing market is becoming increasingly competitive. Homes are typically sold quickly, and many listings often receive multiple offers, which signifies a strong seller's market. Buyers are encouraged to act swiftly when they find a property that meets their needs.

Home Value Estimator For Rutledge, TN

There are currently 3,804 real estate properties in Rutledge, TN, with a median automated valuation model (AVM) price of $188,814.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Rutledge, 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 Rutledge, TN, is $246,844.00, with the most expensive house in Rutledge, TN, topping out at $2,213,400.00 and the cheapest home in Rutledge, TN, clocking in at $8,313.00. In other words, there’s something for every potential homebuyer or savvy investor in Rutledge, TN!

Rent Prices In Rutledge, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Rutledge, TN, is on a rollercoaster ride. The average rent price in Rutledge, TN, is $1,023.00. Indeed, when looking to rent in Rutledge, TN, you can expect to pay as little as $390.00 or as much as $2,300.00, with the average rent median estimated to be $980.00. The good news is that finding an affordable and desirable property to rent in Rutledge, 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.

Rutledge, TN 37861 Preforeclosure Homes


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