Fayette County, TN Home Values & Market Trends
The median home price in Fayette County, TN is $334,618. There were 748 home sales in Fayette County, TN over the past 12 months. The median residential Fayette County, TN home value for transactions over the previous year is $345,945. The number of current listings in Fayette County, TN is 123, and the percentage of properties for sale is 123.00%. The county has 10 foreclosures, 2 bank owned properties, 8 headed for auction, and 123 properties for sale.
Fayette County, TN Real Estate Market Overview
Housing Market Summary for Fayette County, TN
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $432.4K | $336K | -22.30% |
| Median Sold Price | $345.3K | $336K | -2.69% |
| Homes For Sale | 66 | 93 | 40.91% |
| Homes Sold | 334 | 388 | 16.17% |
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 Fayette County, TN
Browse Homes in Fayette County, TN
Fayette County, TN home values range from $19,959 to $64,031,815. La Grange is the priciest city with a median listing home price of $725,000, and Moscow is most affordable with average house prices of around $219,900.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Fayette 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 7 cities within Fayette 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 Fayette County, TN ranges from the highest value of $290,525 in Moscow to the lowest value of $99,900 in Moscow. Bank owned homes and properties account for 0.01% of properties in Fayette County, TN. There are 7 cities within Fayette County, TN; Moscow containing 2 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsSomerville has 4 auction properties, the highest number of properties going to auction in a single city in the state of Fayette County, TN. Auction homes and other auction properties account for 0.05% of all properties in Fayette County, TN. There are 7 cities within Fayette County, TN; of those cities, the median estimated home value for homes going to auction ranges from $414,131 in Oakland to the lowest value of $85,229 in Oakland.
Compare Nearby Cities
More Real Estate Resources for Fayette County, TN
Guide for Fayette County, TN
This blog post analyzes the rising trends in the Lexington, KY real estate market from March 2023 to February 2024, and compares them with surrounding cities.
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
