Living in Viola, TN
Viola, TN, is a quaint town characterized by its welcoming community and beautiful natural surroundings. It offers a unique blend of rural charm and outdoor activities, making it a perfect spot for families and nature lovers alike. With its friendly atmosphere and local amenities, Viola presents a wonderful place to call home.
Current Market Conditions in Viola, TN
The real estate market in Viola, TN, has shown steady growth over the past year, with a surge in interest from both first-time buyers and investors seeking affordable properties. The demand for homes in the area is currently outpacing supply, leading to competitive pricing.
As more families discover the peaceful lifestyle and natural beauty of Viola, the trend towards homeownership is expected to continue. Investors are viewing this as a promising opportunity, as property values are likely to appreciate in the coming years.
Home Value Estimator For Viola, TN
There are currently 160 real estate properties
in Viola, TN,
with a median automated valuation model (AVM) price
of $74,410.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Viola, 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 Viola, TN,
is $119,875.00, with the most expensive house
in Viola, TN, topping out
at $1,286,407.00 and the cheapest home
in Viola, TN,
clocking in at $10,606.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Viola, TN!
Rent Prices
In Viola, TN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Viola, TN, is on
a rollercoaster ride. The
average rent price in Viola, TN,
is $813.00. Indeed, when looking to rent in
Viola, TN, you can expect to pay as little
as $520.00 or as much
as $1,670.00,
with the average rent median estimated to
be $760.00. The good news is that finding
an affordable and desirable property to rent in Viola, 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.
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