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Bankruptcy Homes in Springfield, TN

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Springfield, TN Foreclosures

How much do homes sell for in Springfield, TN?
The average home price is currently $354,379.
In Springfield, TN, how many homes are available?
There are currently 87 active home listings available in Springfield.
What’s the average rental cost in Springfield, TN?
The average rental price in Springfield is $1,281.
What is the most expensive home in Springfield?
The most expensive home sold in Springfield had a price of $5,498,410.
What is currently the cheapest priced home in Springfield, TN?
The cheapest home for sale in Springfield is priced at $11,091.

Living in Springfield, TN

Springfield, TN, is a charming small town located just north of Nashville. Known for its friendly atmosphere and community-focused lifestyle, Springfield offers beautiful parks, good schools, and accessible amenities. The diverse local dining and shopping options cater to residents and visitors alike.

Current Market Conditions in Springfield, TN

Springfield's real estate market has shown resilience, with a steady increase in home values over the past year. The demand for housing remains strong due to its proximity to Nashville, attracting first-time buyers and families looking to settle in a more affordable area while still enjoying suburban benefits.

The rental market is also robust, with a mix of single-family homes and apartments catering to various demographics. Current trends indicate that homes are selling faster than last year, showing a healthy increase in buyer interest, especially in desirable neighborhoods.

Home Value Estimator For Springfield, TN

There are currently 10,994 real estate properties in Springfield, TN, with a median automated valuation model (AVM) price of $295,564.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Springfield, 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 Springfield, TN, is $354,379.00, with the most expensive house in Springfield, TN, topping out at $5,498,410.00 and the cheapest home in Springfield, TN, clocking in at $11,091.00. In other words, there’s something for every potential homebuyer or savvy investor in Springfield, TN!

Rent Prices In Springfield, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Springfield, TN, is on a rollercoaster ride. The average rent price in Springfield, TN, is $1,281.00. Indeed, when looking to rent in Springfield, TN, you can expect to pay as little as $550.00 or as much as $2,460.00, with the average rent median estimated to be $1,230.00. The good news is that finding an affordable and desirable property to rent in Springfield, 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.

Springfield, TN Bankruptcy Homes

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