Condo Foreclosures in Telford, TN

Current Market Conditions in Telford, TN

As of late 2023, Telford's real estate market remains stable with a steady demand for housing. Buyers are increasingly attracted to the area due to its affordable prices and quality of life, which have contributed to a gradual increase in property values over the past year. New listings are being added to the market at a moderate pace, providing prospective homeowners with a variety of options.

The market has witnessed a healthy balance of supply and demand, driving homes to sell relatively quickly while also allowing buyers enough time to make informed decisions. The competition, while present, does not overwhelm new buyers, making Telford an inviting market for both first-time homebuyers and those looking to invest.

Rent Prices In Telford, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Telford, TN, is on a rollercoaster ride. The average rent price in Telford, TN, is $1,117.00. Indeed, when looking to rent in Telford, TN, you can expect to pay as little as $540.00 or as much as $2,260.00, with the average rent median estimated to be $1,100.00. The good news is that finding an affordable and desirable property to rent in Telford, 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.