Lake County, TN Home Values & Market Trends
The median home price in Lake County, TN is $87,509.76. There were 81 home sales in Lake County, TN over the past 12 months. The median residential Lake County, TN home value for transactions over the previous year is $60,000. The number of current listings in Lake County, TN is 9, and the percentage of properties for sale is 9.00%. The county has 1 foreclosures, 0 bank owned properties, 1 headed for auction, and 9 properties for sale.
Lake County, TN Real Estate Market Overview
City | Median Est. Value | City | Median Est. Value |
---|---|---|---|
Tiptonville | $ 168,785 $ 104/sqft | Wynnburg | $ -- $ -- |
Ridgely | $ 87,293 $ 69/sqft |
Housing Market Summary for Lake County, TN
Mar 2023 | February 2024 | Change | |
---|---|---|---|
Median Listing Price | $134.9K | $82,056 | -39.17% |
Median Sold Price | $84,920 | $82,056 | -3.37% |
Homes For Sale | 9 | 7 | -22.22% |
Homes Sold | 46 | 35 | -23.91% |
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 Lake County, TN
Browse Homes in Lake County, TN
Lake County, TN home values range from $6,328 to $974,007. Tiptonville is the priciest city with a median listing home price of $234,900, and Ridgely is most affordable with average house prices of around $154,500.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Lake 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 3 cities within Lake 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 Lake County, 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 Lake County, TN. There are 3 cities within Lake County, TN; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsRidgely has 1 auction properties, the highest number of properties going to auction in a single city in the state of Lake County, TN. Auction homes and other auction properties account for 0.05% of all properties in Lake County, TN. There are 3 cities within Lake County, TN; of those cities, the median estimated home value for homes going to auction ranges from $206,560 in Ridgely to the lowest value of $206,560 in Ridgely.
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More Real Estate Resources for Lake County, TN
Guide for Lake County, TN
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Nashville’s real estate market grew significantly during 2023 with consistent rising property values and sold prices
Tennessee Foreclosure Laws
The Newark real estate market from 2023 to 2024 exhibited a strong upward growth pattern, with slight fluctuations in property values and sale price per square foot.