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Rent To Own Homes in Sewanee, TN 37375

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Sewanee, TN Foreclosures

How much do homes sell for in Sewanee, TN?
The average home price is currently $385,594.
In Sewanee, TN, how many homes are available?
There are currently 2 active home listings available in Sewanee.
What’s the average rental cost in Sewanee, TN?
The average rental price in Sewanee is $1,329.
What is the most expensive home in Sewanee?
The most expensive home sold in Sewanee had a price of $2,912,416.
What is currently the cheapest priced home in Sewanee, TN?
The cheapest home for sale in Sewanee is priced at $15,379.

Living in Sewanee, TN

Sewanee, Tennessee, is a picturesque town famous for its scenic surroundings and vibrant university life. It offers a wealth of outdoor activities, a strong community spirit, and a range of educational opportunities. With its rich culture and beautiful landscapes, Sewanee is a hidden gem in the Cumberland Plateau.

Current Market Conditions in Sewanee, TN

The real estate market in Sewanee has remained stable, with a moderate increase in home prices attributed to the town's appeal to both families and retirees. The unique blend of educational and scenic attributes attracts buyers interested in sustainability and quality of life.

Demand remains strong, particularly for homes near the University of the South, catering to both prospective students and faculty. In recent months, new listings have seen a healthy turnover rate, indicating an encouraging market environment.

Home Value Estimator For Sewanee, TN

There are currently 1,345 real estate properties in Sewanee, TN, with a median automated valuation model (AVM) price of $348,503.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Sewanee, 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 Sewanee, TN, is $385,594.00, with the most expensive house in Sewanee, TN, topping out at $2,912,416.00 and the cheapest home in Sewanee, TN, clocking in at $15,379.00. In other words, there’s something for every potential homebuyer or savvy investor in Sewanee, TN!

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.

Sewanee, TN 37375 Rent To Own Homes

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