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Foreclosures in Rutledge, TN

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Living in Rutledge, TN

Rutledge, Tennessee is a charming small town known for its welcoming community and scenic views. It offers a blend of rural tranquility and access to local amenities, making it an ideal place for families and retirees alike. Residents enjoy outdoor activities such as hiking and fishing in nearby parks and lakes.

Current Market Conditions in Rutledge, TN

The real estate market in Rutledge has shown signs of steady growth over the past year, with increasing interest in the area due to its affordability and picturesque setting. Home prices have remained relatively stable, attracting first-time buyers and those looking to escape urban living.

As of late 2023, Rutledge is experiencing a shortage of available homes, leading to competitive offers and faster sales. The demand is driven by buyers searching for more spacious homes with access to outdoor activities, a likelihood of further price appreciation in the coming months.

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 $188,910.00. 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 $246,743.00, with the most expensive house in Rutledge, TN, topping out at $2,207,000.00 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 Foreclosures


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