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Foreclosure Homes in Powell, TN

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Powell, TN Foreclosures

Current Market Conditions in in Powell, TN As of April 2026?
Over the past month, Powell's real estate market has seen a slight uptick in sales, with several new listings coming onto the market and homes selling quickly at or above their asking prices. This trend can be attributed to increased interest from buyers looking for affordable housing options away from the bustling city center. The typical days on the market have decreased, signaling a competitive landscape, while the overall inventory remains lower than last year's figures due to sustained interest in suburban living.
How much do homes sell for in Powell, TN?
The average home price is currently $372,953.
In Powell, TN, how many homes are available?
There are currently 1 active home listings available in Powell.
What’s the average rental cost in Powell, TN?
The average rental price in Powell is $1,406.
What is the most expensive home in Powell?
The most expensive home sold in Powell had a price of $80,273,960.
What is currently the cheapest priced home in Powell, TN?
The cheapest home for sale in Powell is priced at $10,074.

Living in Powell, TN

Powell, TN is a vibrant suburban community just north of Knoxville, known for its friendly atmosphere and quality living conditions. With excellent schools, beautiful parks, and easy access to shopping and dining, it offers a balanced lifestyle for families and individuals. The area’s strong community values and outdoor recreational options make it a desirable place to call home.

Buyer vs Seller Market in Powell, TN

As of late 2023, the real estate market in Powell is showing signs of resilience amid fluctuating conditions. Home prices have been steadily increasing, reflecting a growing demand as more individuals look to settle in this suburban haven close to Knoxville. The market is characterized by a variety of housing options, catering to diverse preferences and budgets, from single-family homes to townhouses.

Inventory levels have tightened slightly, leading to increased competition among buyers. Homes that are well-maintained and priced competitively often receive multiple offers. The trend of suburban living continues to appeal to those seeking more space and a community-oriented lifestyle, especially as remote working arrangements maintain their popularity.

Home Value Estimator For Powell, TN

There are currently 10,607 real estate properties in Powell, TN, with a median automated valuation model (AVM) price of $341,743.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Powell, TN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Powell, TN, is $372,953.00, with the most expensive house in Powell, TN, topping out at $80,273,960.00 and the cheapest home in Powell, TN, clocking in at $10,074.00. In other words, there’s something for every potential homebuyer or savvy investor in Powell, TN!

Rent Prices In Powell, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Powell, TN, is on a rollercoaster ride. The average rent price in Powell, TN, is $1,406.00. Indeed, when looking to rent in Powell, TN, you can expect to pay as little as $510.00 or as much as $2,460.00, with the average rent median estimated to be $1,410.00. The good news is that finding an affordable and desirable property to rent in Powell, TN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Powell, TN Foreclosures


Market Trend for Powell, TN

Total Listings Available: 1

Market Values:

Home Prices from $10,074 to $80,273,960

Average Sales Price: $372,953

Rental Values:

Rental from $510 to $2,460

Average Rent Value: $1,406 / month

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