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Foreclosure Homes in Wartrace, TN 37183

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Wartrace, TN Foreclosures

How much do homes sell for in Wartrace, TN?
The average home price is currently $410,365.
In Wartrace, TN, how many homes are available?
There are currently 4 active home listings available in Wartrace.
What’s the average rental cost in Wartrace, TN?
The average rental price in Wartrace is $1,247.
What is the most expensive home in Wartrace?
The most expensive home sold in Wartrace had a price of $8,009,100.
What is currently the cheapest priced home in Wartrace, TN?
The cheapest home for sale in Wartrace is priced at $26,284.

Living in Wartrace, TN

Wartrace is a small, quaint town in the heart of Tennessee, known for its rich history and close-knit community. With a population just under 1,000, residents enjoy a peaceful lifestyle bolstered by local shops and parks. The town is surrounded by picturesque farmland and offers a variety of outdoor activities, making it an ideal place for those seeking tranquility yet close access to more urban amenities.

Current Market Conditions in Wartrace, TN

The real estate market in Wartrace has shown consistent growth over the last year, driven by low inventory and rising home prices. The demand for homes in this quaint town has been fueled by buyers looking for affordable options outside of the larger urban areas while still having access to essential amenities.

According to recent market analysis, the average home price in Wartrace has increased significantly, reflecting a trend of buyers seeking out the charm and community atmosphere of smaller towns. With the market remaining competitive, properties are receiving multiple offers, indicating a strong buyer interest.

Home Value Estimator For Wartrace, TN

There are currently 1,242 real estate properties in Wartrace, TN, with a median automated valuation model (AVM) price of $306,468.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Wartrace, 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 Wartrace, TN, is $410,365.00, with the most expensive house in Wartrace, TN, topping out at $8,009,100.00 and the cheapest home in Wartrace, TN, clocking in at $26,284.00. In other words, there’s something for every potential homebuyer or savvy investor in Wartrace, TN!

Rent Prices In Wartrace, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Wartrace, TN, is on a rollercoaster ride. The average rent price in Wartrace, TN, is $1,247.00. Indeed, when looking to rent in Wartrace, TN, you can expect to pay as little as $670.00 or as much as $2,480.00, with the average rent median estimated to be $1,180.00. The good news is that finding an affordable and desirable property to rent in Wartrace, 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.

Wartrace, TN 37183 Foreclosures

Market Trend for Wartrace, TN

Total Listings Available: 4

Market Values:

Home Prices from $26,284 to $8,009,100

Average Sales Price: $410,365

Rental Values:

Rental from $670 to $2,480

Average Rent Value: $1,247 / month

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