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Foreclosures in Selmer, TN

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Selmer, TN Foreclosures

How much do homes sell for in Selmer, TN?
The average home price is currently $180,022.
In Selmer, TN, how many homes are available?
There are currently 1 active home listings available in Selmer.
What’s the average rental cost in Selmer, TN?
The average rental price in Selmer is $865.
What is the most expensive home in Selmer?
The most expensive home sold in Selmer had a price of $8,397,305.
What is currently the cheapest priced home in Selmer, TN?
The cheapest home for sale in Selmer is priced at $4,020.

Living in Selmer, TN

Selmer, located in McNairy County, Tennessee, is a charming small town that offers a friendly community atmosphere and a slower pace of life. The area's rich history and picturesque landscapes make it a great place to settle down. With access to local amenities and a strong sense of community, Selmer is an appealing choice for families and retirees alike.

Current Market Conditions in Selmer, TN

The Selmer real estate market is currently experiencing steady growth, with a mix of affordable homes for first-time buyers and larger properties for families. Recently, there has been a surge in interest from buyers looking to relocate to smaller towns, contributing to an increase in property values.

Investors are taking notice of the potential in Selmer, with several new developments planned for the coming years. The town's appealing lifestyle and proximity to larger cities make it a viable option for those seeking investment opportunities in the housing market.

Home Value Estimator For Selmer, TN

There are currently 4,048 real estate properties in Selmer, TN, with a median automated valuation model (AVM) price of $141,992.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Selmer, 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 Selmer, TN, is $180,022.00, with the most expensive house in Selmer, TN, topping out at $8,397,305.00 and the cheapest home in Selmer, TN, clocking in at $4,020.00. In other words, there’s something for every potential homebuyer or savvy investor in Selmer, TN!

Rent Prices In Selmer, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Selmer, TN, is on a rollercoaster ride. The average rent price in Selmer, TN, is $865.00. Indeed, when looking to rent in Selmer, TN, you can expect to pay as little as $400.00 or as much as $2,020.00, with the average rent median estimated to be $810.00. The good news is that finding an affordable and desirable property to rent in Selmer, 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.

Selmer, TN Foreclosures

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