Foreclosure Homes in Sewanee, TN 37375

Current Market Conditions in Sewanee, TN

The Sewanee real estate market remains stable, with a steady demand for homes driven primarily by university employees and families attracted to the area's lifestyle. As a desirable location in the Cumberland Plateau, the market offers a variety of housing options, including charming historic properties and new constructions. Recently, more buyers from urban areas are showing interest in moving to Sewanee, seeking a quieter lifestyle with access to outdoor recreation.

Current trends indicate a moderate increase in property values, spurred by limited inventory and decent sales volume. The community's amenities and scenic surroundings contribute to its appeal, resulting in competitive bidding for well-maintained homes.

Rent Prices In Sewanee, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Sewanee, TN, is on a rollercoaster ride. The average rent price in Sewanee, TN, is $1,329.00. Indeed, when looking to rent in Sewanee, TN, you can expect to pay as little as $580.00 or as much as $2,380.00, with the average rent median estimated to be $1,370.00. The good news is that finding an affordable and desirable property to rent in Sewanee, 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.