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Foreclosures in Sewanee, TN

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Sewanee, TN Foreclosures

How much do homes sell for in Sewanee, TN?
The average home price is currently $402,155.
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 $1,328.
What is the most expensive home in Sewanee?
The most expensive home sold in Sewanee had a price of $4,866,101.
What is currently the cheapest priced home in Sewanee, TN?
The cheapest home for sale in Sewanee is priced at $15,387.

Living in Sewanee, TN

Sewanee, Tennessee, is a charming town known for its picturesque landscapes and vibrant community. Nestled in the Cumberland Plateau, Sewanee is home to the prestigious Sewanee: The University of the South. This small town offers a blend of historical architecture, outdoor recreation, and cultural richness, making it a desirable location for families and individuals alike.

Current Market Conditions in Sewanee, TN

Sewanee's real estate market shows steady growth, particularly with the rise in demand for properties that offer uniqueness and proximity to nature. Homes in the area are increasingly sought after by both locals and relocating professionals, reflected in the rising median home prices.

There has also been a surge in interest in vacation homes, as Sewanee's natural beauty makes it a popular destination for weekend getaways. Consequently, the rental market is thriving as well, with properties being listed for vacation rentals to accommodate tourists.

Home Value Estimator For Sewanee, TN

There are currently 1,670 real estate properties in Sewanee, TN, with a median automated valuation model (AVM) price of $358,199.00. 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 $402,155.00, with the most expensive house in Sewanee, TN, topping out at $4,866,101.00 and the cheapest home in Sewanee, TN, clocking in at $15,387.00. 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 $1,328.00. 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 Foreclosures

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