Land Foreclosures in Sewanee, TN

Current Market Conditions in Sewanee, TN

The real estate market in Sewanee remains relatively stable, with consistent interest in homes largely due to its appeal as a college town. The market has seen a moderate appreciation in home prices due to the limited inventory and the demand from university staff and faculty.

In recent months, there are indications of a competitive market, especially for homes near the university and those with larger plots of land. Buyers are becoming more cautious, focusing on properties that offer value, as interest rates fluctuate.

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.