Three Way, TN Foreclosures
How much do homes sell for in Three Way, TN?
The average home price is currently $262,878.
What’s the average rental cost in Three Way, TN?
The average rental price in Three Way is $1,318.
What is the most expensive home in Three Way?
The most expensive home sold in Three Way had a price of $1,756,241.
What is currently the cheapest priced home in Three Way, TN?
The cheapest home for sale in Three Way is priced at $12,678.
Living in Three Way, TN
Three Way, TN is a welcoming small town that boasts a friendly community and a relaxed lifestyle. With access to local amenities and outdoor recreational activities, it provides a perfect balance of convenience and tranquility. Families will appreciate the quality schools and the sense of community that defines life in Three Way.
Current Market Conditions in Three Way, TN
The real estate market in Three Way, TN is currently experiencing steady interest from homebuyers, particularly families and retirees seeking a peaceful lifestyle. The affordable housing prices compared to nearby Jackson, TN, have made Three Way an attractive option for those looking to settle in a small town while still having access to urban conveniences.
Moreover, new developments and homes are starting to appear, indicating a growth trend in housing opportunities. Listings are moving quickly, and properties that are well-marketed are often sold within weeks of being listed. Additionally, the average Days on Market (DOM) for homes has decreased over the last few months, reflecting increased buyer competition.
Home Value Estimator For Three Way, TN
There are currently 663 real estate properties
in Three Way, TN,
with a median automated valuation model (AVM) price
of $257,492.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Three Way, 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 Three Way, TN,
is $262,878.00, with the most expensive house
in Three Way, TN, topping out
at $1,756,241.00 and the cheapest home
in Three Way, TN,
clocking in at $12,678.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Three Way, TN!
Rent Prices
In Three Way, TN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Three Way, TN, is on
a rollercoaster ride. The
average rent price in Three Way, TN,
is $1,318.00. Indeed, when looking to rent in
Three Way, TN, you can expect to pay as little
as $540.00 or as much
as $3,000.00,
with the average rent median estimated to
be $1,320.00. The good news is that finding
an affordable and desirable property to rent in Three Way, 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.
Learn more on Foreclosure homes
