Washburn, TN Home Values & Market Trends
Real estate market trends reflect that there have been 14 transactions over the past year in Washburn. The median value for residential home transactions that occurred over the previous year is $198,612.56. The number of current listings in Washburn is 2, and the percentage of properties for sale in the city is 2.00%. Washburn, TN currently has 1 properties in foreclosure, 0 bank owned properties, 1 properties headed for auction, and 2 properties for sale.
Washburn, TN Real Estate Market Overview
Zip | Median Est. Value |
---|---|
37888 | $ 359,500 $ 232/sqft |
Housing Market Summary for Washburn, TN
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $389.9K | $191.6K | -50.85% |
Median Sold Price | $115K | $191.6K | 66.64% |
Homes For Sale | 1 | 4 | 300.00% |
Homes Sold | 14 | 8 | -42.86% |
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 Washburn, TN
Browse Homes in Washburn, TN
Washburn home values range from $20,380 to $1,377,233. The median estimated value of a home in Washburn is $198,612.56. The median list price of a home is 356,999.5, and the total count of properties in the city is 932.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Washburn, TN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Washburn, TN; of that zips, 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 Washburn, TN ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Washburn, TN. There is 1 zips within Washburn, TN; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions37888 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Washburn, TN. Auction homes and other auction properties account for 0.11% of all properties in Washburn, TN. There is 1 zips within Washburn, TN; of that zips, the median estimated home value for homes going to auction ranges from $318,910 in 37888 to the lowest value of $318,910 in 37888.
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More Real Estate Resources for Washburn, TN
Guide for Washburn, TN
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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