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Foreclosure Homes in Washburn, TN

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Washburn, TN Foreclosures

Current Market Conditions in in Washburn, TN As of March 2026?
In the past month, Washburn's housing market has shown some signs of growth, with an uptick in both new listings and pending sales. New construction projects have been initiated, adding to the variety of homes available. Buyers are becoming more active, spurred by favorable mortgage rates, and this increase in activity has led to a slight rise in home prices, reflecting a stronger appetite for real estate in the area. Additionally, interest from out-of-state buyers is growing, further contributing to market dynamism.
How much do homes sell for in Washburn, TN?
The average home price is currently $246,051.
In Washburn, TN, how many homes are available?
There are currently 6 active home listings available in Washburn.
What’s the average rental cost in Washburn, TN?
The average rental price in Washburn is $931.
What is the most expensive home in Washburn?
The most expensive home sold in Washburn had a price of $6,786,200.
What is currently the cheapest priced home in Washburn, TN?
The cheapest home for sale in Washburn is priced at $11,960.

Living in Washburn, TN

Washburn, Tennessee, is a serene town known for its beautiful natural surroundings and friendly community vibe. Home to Norris Lake, residents enjoy a range of outdoor activities and the charm of small-town living. It offers accessible amenities while maintaining a peaceful atmosphere.

Buyer vs Seller Market in Washburn, TN

The real estate market in Washburn is currently characterized by a steady increase in demand, leading to a variety of housing options available for buyers and investors. As more people discover the beauty of the area, home prices have gently risen, making it an appealing choice for those looking to escape the hustle of city life.

Inventory levels remain moderate, indicating that while homes are selling, there is still a good selection for potential buyers. This balance suggests a healthy market conducive to both buyers and sellers.

Home Value Estimator For Washburn, TN

There are currently 1,150 real estate properties in Washburn, TN, with a median automated valuation model (AVM) price of $193,154.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Washburn, 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 Washburn, TN, is $246,051.00, with the most expensive house in Washburn, TN, topping out at $6,786,200.00 and the cheapest home in Washburn, TN, clocking in at $11,960.00. In other words, there’s something for every potential homebuyer or savvy investor in Washburn, TN!

Rent Prices In Washburn, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Washburn, TN, is on a rollercoaster ride. The average rent price in Washburn, TN, is $931.00. Indeed, when looking to rent in Washburn, TN, you can expect to pay as little as $530.00 or as much as $2,020.00, with the average rent median estimated to be $890.00. The good news is that finding an affordable and desirable property to rent in Washburn, 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.

Washburn, TN Foreclosures


Market Trend for Washburn, TN

Total Listings Available: 6

Market Values:

Home Prices from $11,960 to $6,786,200

Average Sales Price: $246,051

Rental Values:

Rental from $530 to $2,020

Average Rent Value: $931 / month

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