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Foreclosures in Tennessee, IL

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Tennessee, IL Foreclosures

Current Market Conditions in in Tennessee, IL As of March 2026?
In the past month, Tennessee's real estate market has seen modest activity, characterized by a slight increase in home sales as local events and seasonal changes attract more buyers. Listings within the $150,000 to $200,000 range have generated heightened interest, with several properties receiving offers shortly after being listed. In contrast, some higher-end listings are taking longer to sell, reflecting buyer preferences leaning towards affordability and practicality in this community-oriented area.
How much do homes sell for in Tennessee, IL?
The average home price is currently $137,914.
In Tennessee, IL, how many homes are available?
There are currently 41 active home listings available in Tennessee.
What’s the average rental cost in Tennessee, IL?
The average rental price in Tennessee is $916.
What is the most expensive home in Tennessee?
The most expensive home sold in Tennessee had a price of $2,767,032.
What is currently the cheapest priced home in Tennessee, IL?
The cheapest home for sale in Tennessee is priced at $10,971.

Living in Tennessee, IL

Tennessee, IL, is a charming small town known for its friendly community and serene landscape. With various amenities, parks, and quality schools, it offers a peaceful lifestyle for families and retirees alike. It's an ideal location for those seeking a tight-knit community atmosphere and access to outdoor activities.

Buyer vs Seller Market in Tennessee, IL

Currently, the real estate market in Tennessee, IL, is experiencing a steady demand with active listings attracting buyers looking for affordable housing options. The prices remain relatively stable, and new constructions are emerging, indicating a growing interest in the area which offers opportunities for investment and homeownership.

Recent trends show that homes in Tennessee are appealing to first-time buyers and families looking for spacious properties at reasonable prices. The area's charm combined with its outdoor offerings makes it a desirable location for many looking to escape urban congestion.

Home Value Estimator For Tennessee, IL

There are currently 129 real estate properties in Tennessee, IL, with a median automated valuation model (AVM) price of $75,049.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Tennessee, IL, 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 Tennessee, IL, is $137,914.00, with the most expensive house in Tennessee, IL, topping out at $2,767,032.00 and the cheapest home in Tennessee, IL, clocking in at $10,971.00. In other words, there’s something for every potential homebuyer or savvy investor in Tennessee, IL!

Rent Prices In Tennessee, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Tennessee, IL, is on a rollercoaster ride. The average rent price in Tennessee, IL, is $916.00. Indeed, when looking to rent in Tennessee, IL, you can expect to pay as little as $470.00 or as much as $1,840.00, with the average rent median estimated to be $870.00. The good news is that finding an affordable and desirable property to rent in Tennessee, IL -- 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.

Tennessee, IL Foreclosures


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