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Foreclosure Auction Homes 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 $167,722.
In Selmer, TN, how many homes are available?
There are currently 2 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 $4,652,900.
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, TN is a quaint town that combines the tranquility of rural living with access to outdoor adventures. With a welcoming community, great parks, and proximity to larger cities, it's an ideal location for families and nature lovers. The property market here offers affordable housing options, making it accessible for many.

Current Market Conditions in Selmer, TN

The current real estate market in Selmer is healthy, with a mix of affordable homes and some newer constructions. Buyers can find homes within various price ranges, appealing to first-time homebuyers as well as those looking to upgrade or downsize.

There has been a slight increase in demand over the past year as more people are looking for quieter living spaces away from the hustle and bustle of larger cities, leading to a steady growth in property values.

Home Value Estimator For Selmer, TN

There are currently 3,652 real estate properties in Selmer, TN, with a median automated valuation model (AVM) price of $142,544.00. 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 $167,722.00, with the most expensive house in Selmer, TN, topping out at $4,652,900.00 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 Foreclosure Auction Homes


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