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Foreclosure Homes in Summertown, TN

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Summertown, TN Foreclosures

Current Market Conditions in in Summertown, TN As of March 2026?
In the past month, the real estate market in Summertown has remained stable, with very few new listings added to the market and existing listings seeing increased interest. Homes that are priced appropriately are selling quickly, often within days of being listed. This trend indicates that serious buyers are actively looking to purchase, keeping competition strong. In addition, several homes have received multiple offers, resulting in competitive bidding, which has pushed prices slightly higher. Overall, the market exhibits a vibrant and bustling energy, although supply continues to be a challenge for prospective buyers.
How much do homes sell for in Summertown, TN?
The average home price is currently $292,968.
In Summertown, TN, how many homes are available?
There are currently 13 active home listings available in Summertown.
What’s the average rental cost in Summertown, TN?
The average rental price in Summertown is $1,096.
What is the most expensive home in Summertown?
The most expensive home sold in Summertown had a price of $2,564,411.
What is currently the cheapest priced home in Summertown, TN?
The cheapest home for sale in Summertown is priced at $10,980.

Living in Summertown, TN

Summertown, TN is a quaint and inviting small town that offers a rural lifestyle with a strong sense of community. It features beautiful natural scenery, affordable housing options, and local amenities making it ideal for families and individuals seeking tranquility. Outdoor activities are plentiful, with parks and nature trails, providing plenty of recreational opportunities.

Buyer vs Seller Market in Summertown, TN

The real estate market in Summertown, TN, has shown a positive trend in recent months. With the low inventory of homes available for sale, buyers are more competitive, leading to quicker transactions and properties often selling above their listing prices. Interest in the area is increasing as more people seek the charm of small-town living paired with affordable housing options.

Recent reports suggest a steady rise in home prices, driven by the area's appeal to families and retirees. The demand for homes in Summertown is expected to continue as the market remains fairly active, with new developments on the horizon.

Home Value Estimator For Summertown, TN

There are currently 2,339 real estate properties in Summertown, TN, with a median automated valuation model (AVM) price of $266,829.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Summertown, 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 Summertown, TN, is $292,968.00, with the most expensive house in Summertown, TN, topping out at $2,564,411.00 and the cheapest home in Summertown, TN, clocking in at $10,980.00. In other words, there’s something for every potential homebuyer or savvy investor in Summertown, TN!

Rent Prices In Summertown, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Summertown, TN, is on a rollercoaster ride. The average rent price in Summertown, TN, is $1,096.00. Indeed, when looking to rent in Summertown, TN, you can expect to pay as little as $540.00 or as much as $2,180.00, with the average rent median estimated to be $1,090.00. The good news is that finding an affordable and desirable property to rent in Summertown, 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.

Summertown, TN Foreclosures

Market Trend for Summertown, TN

Total Listings Available: 13

Market Values:

Home Prices from $10,980 to $2,564,411

Average Sales Price: $292,968

Rental Values:

Rental from $540 to $2,180

Average Rent Value: $1,096 / month

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