Obion County, TN Home Values & Market Trends
The median home price in Obion County, TN is $122,780.65. There were 396 home sales in Obion County, TN over the past 12 months. The median residential Obion County, TN home value for transactions over the previous year is $114,000. The number of current listings in Obion County, TN is 56, and the percentage of properties for sale is 56.00%. The county has 15 foreclosures, 8 bank owned properties, 7 headed for auction, and 56 properties for sale.
Obion County, TN Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Union City | $ 175,797 $ 91/sqft | Hornbeak | $ 176,427 $ 158/sqft |
| South Fulton | $ 115,607 $ 66/sqft | Obion | $ 40,000 $ 30/sqft |
| Troy | $ 102,347 $ 68/sqft | Rives | $ 551,352 $ 78/sqft |
Housing Market Summary for Obion County, TN
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $179.9K | $121K | -32.75% |
| Median Sold Price | $84,370 | $121K | 43.39% |
| Homes For Sale | 31 | 60 | 93.55% |
| Homes Sold | 254 | 199 | -21.65% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Obion County, TN
Browse Homes in Obion County, TN
Obion County, TN home values range from $12,010 to $3,090,268. Rives is the priciest city with a median listing home price of $675,000, and Obion is most affordable with average house prices of around $40,000.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Obion County, TN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 6 cities within Obion County, TN; of those cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Obion County, TN ranges from the highest value of $163,277 in Troy to the lowest value of $42,417 in Obion. Bank owned homes and properties account for 0.07% of properties in Obion County, TN. There are 6 cities within Obion County, TN; Union City containing 3 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsTroy has 4 auction properties, the highest number of properties going to auction in a single city in the state of Obion County, TN. Auction homes and other auction properties account for 0.06% of all properties in Obion County, TN. There are 6 cities within Obion County, TN; of those cities, the median estimated home value for homes going to auction ranges from $122,841 in Union City to the lowest value of $97,414 in Union City.
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More Real Estate Resources for Obion County, TN
Guide for Obion County, TN
The Knoxville real estate market is seeing fluctuations in property prices, with the average value at $399,900 as of March 2024.
The Memphis real estate market has shown significant growth from March 2023 to February 2024, with property values increasing by about 10% and sale prices also rising. Despite minor fluctuations in property sales and square foot values, the market displays considerable resilience, making Memphis an attractive option for real estate investment.
Nashville’s real estate market grew significantly during 2023 with consistent rising property values and sold prices
Tennessee Foreclosure Laws
