Anderson County, TN Home Values & Market Trends

The median home price in Anderson County, TN is $284,516.76. There were 1,218 home sales in Anderson County, TN over the past 12 months. The median residential Anderson County, TN home value for transactions over the previous year is $250,000. The number of current listings in Anderson County, TN is 139, and the percentage of properties for sale is 139.00%. The county has 23 foreclosures, 1 bank owned properties, 22 headed for auction, and 139 properties for sale.

Anderson County, TN Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Oak Ridge

$ 367,000

$ 177/sqft

Andersonville

$ 376,806

$ 210/sqft

Clinton

$ 330,588

$ 179/sqft

Norris

$ 437,662

$ 228/sqft

Rocky Top

$ 224,900

$ 187/sqft

Briceville

$ --

$ --

Housing Market Summary for Anderson County, TN

Apr 2023March 2024Change
Median Listing Price$279.9K$270K-3.55%
Median Sold Price$243.3K$270K10.95%
Homes For Sale11114227.93%
Homes Sold6486530.77%
Price
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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%.

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Browse Homes in Anderson County, TN

Anderson County, TN home values range from $20,973 to $4,427,948. Andersonville is the priciest city with a median listing home price of $524,950, and Rocky Top is most affordable with average house prices of around $224,450.

Foreclosure
There are 6 cities within Anderson County, TN; within these cities, the median estimated home value for homes in foreclosure ranges from $541,694 in Oak Ridge to the lowest value of $72,565 in Oak Ridge. Foreclosure homes account for 0.00% of properties in Anderson County, TN with Oak Ridge containing 8 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Anderson 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 Anderson 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 Owned
    The median estimated home value of bank owned homes (REO properties) in Anderson County, TN ranges from the highest value of $133,895 in Oak Ridge to the lowest value of $133,895 in Oak Ridge. Bank owned homes and properties account for 0.00% of properties in Anderson County, TN. There are 6 cities within Anderson County, TN; Oak Ridge containing 1 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Oak Ridge has 7 auction properties, the highest number of properties going to auction in a single city in the state of Anderson County, TN. Auction homes and other auction properties account for 0.08% of all properties in Anderson County, TN. There are 6 cities within Anderson County, TN; of those cities, the median estimated home value for homes going to auction ranges from $384,416 in Norris to the lowest value of $72,565 in Norris.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.48% of residential properties in Anderson County, TN with Oak Ridge containing 62 homes for sale, the highest number of listed properties in a single city. There are 6 cities within Anderson County, TN; homes for sale in those cities, have a range of median values from $504,972 in Norris to the lowest value of $43,625 in Clinton.
    Sold Homes
    The median value for recently sold homes ranges from $180,468 in Briceville to the lowest price of $30,375 in Briceville. There are 6 cities within Anderson County, TN. Oak Ridge has 294 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.37% of properties in Anderson County, TN.

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      Guide for Anderson County, TN

      Market Reports
      Knoxville Real Estate Market Report, April 2024
      Market Reports
      Memphis TN Market Report: Property Values Grow 10% from March 2023 to February 2024
      Tennessee
      Surge in Nashville Real Estate: 2023 Sees Stable Growth and Rising Property Values
      Home Buying Guides & Tips
      Tennessee Foreclosure Laws
      See More Articles
      Knoxville Real Estate Market Report, April 2024
      Market Reports|posted 9 April 2024

      The Knoxville real estate market is seeing fluctuations in property prices, with the average value at $399,900 as of March 2024.

      Memphis TN Market Report: Property Values Grow 10% from March 2023 to February 2024
      Market Reports|posted 8 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.

      Surge in Nashville Real Estate: 2023 Sees Stable Growth and Rising Property Values
      Tennessee|posted 23 January 2024

      Nashville’s real estate market grew significantly during 2023 with consistent rising property values and sold prices

      Tennessee Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Tennessee Foreclosure Laws

      Recently Listed Homes Anderson County, TN

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