Erwin, TN Home Values & Market Trends
Real estate market trends reflect that there have been 204 transactions over the past year in Erwin. The median value for residential home transactions that occurred over the previous year is $272,883. The number of current listings in Erwin is 174, and the percentage of properties for sale in the city is 174.00%. Erwin, TN currently has 10 properties in foreclosure, 5 bank owned properties, 5 properties headed for auction, and 174 properties for sale.
Erwin, TN Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 37650 | $ 272,883 $ 176/sqft |
Housing Market Summary for Erwin, TN
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $339.9K | $339.4K | -0.13% |
| Median Sold Price | $196.1K | $207.5K | 5.84% |
| Homes For Sale | 119 | 178 | 49.58% |
| Homes Sold | 81 | 63 | -22.22% |
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 Erwin, TN
Browse Homes in Erwin, TN
Erwin home values range from $40,492 to $839,900. The median estimated value of a home in Erwin is $272,883. The median list price of a home is 339,450, and the total count of properties in the city is 256.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Erwin, 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 Erwin, 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 Erwin, TN ranges from the highest value of $283,309 in 37650 to the lowest value of $159,784 in 37650. Bank owned homes and properties account for 1.95% of properties in Erwin, TN. There is 1 zips within Erwin, TN; 37650 containing 5 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions37650 has 5 auction properties, the highest number of properties going to auction in a single zip in the state of Erwin, TN. Auction homes and other auction properties account for 1.95% of all properties in Erwin, TN. There is 1 zips within Erwin, TN; of that zips, the median estimated home value for homes going to auction ranges from $471,748 in 37650 to the lowest value of $168,006 in 37650.
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Guide for Erwin, TN
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
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