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Foreclosure Homes in Portland, TN

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View this home at Highway 52 E Portland TN 37148
Preforeclosure
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Highway 52 E
Portland, TN 37148
AUCTION: 05-30-2024
View this home at Hillwood Ct Portland TN 37148
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$251,133 EMV
Hillwood Ct
Portland, TN 37148
Single-Family
2
|
1,138
EST. RENT: $1,160
|
AUCTION: 06-11-2024
Single-Family
2
|
1,138
View this home at New Deal Potts Rd Portland TN 37148
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New Deal Potts Rd
Portland, TN 37148
Single-Family
|
3 |
3
|
2,595
AUCTION: 06-11-2024
Single-Family
|
3 |
3
|
2,595
5 View this home at Central Ave Portland TN 37148
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$243,115 EMV
Central Ave
Portland, TN 37148
Single-Family
|
3 |
1
|
1,222
EST. RENT: $1,110
|
AUCTION: 05-02-2024
Single-Family
|
3 |
1
|
1,222
5 View this home at Emma Dr Portland TN 37148
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$412,795 EMV
Emma Dr
Portland, TN 37148
Single-Family
|
3 |
2
|
2,112
EST. RENT: $1,580
|
AUCTION: 05-28-2024
Single-Family
|
3 |
2
|
2,112
View this home at Dollar Ave Portland TN 37148
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$225,804 EMV
Dollar Ave
Portland, TN 37148
Single-Family
1
|
840
EST. RENT: $991
|
AUCTION: 05-02-2024
Single-Family
1
|
840
4 View this home at Derek Ct Portland TN 37148
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$247,333 EMV
Derek Ct
Portland, TN 37148
Single-Family
2
|
1,046
EST. RENT: $1,090
|
AUCTION: 06-27-2024
Single-Family
2
|
1,046
5 View this home at April Cir Portland TN 37148
Preforeclosure
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$286,264 EMV
April Cir
Portland, TN 37148
Single-Family
2
|
1,200
EST. RENT: $1,261
|
AUCTION: 05-30-2024
Single-Family
2
|
1,200
Displaying 1 - 10 of 62
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Portland, TN Foreclosures

How much do homes sell for in Portland, TN?
The average home price is currently $325,051.
In Portland, TN, how many homes are available?
There are currently 8,749 active home listings available in Portland.
What’s the average rental cost in Portland, TN?
The average rental price in Portland is $1,220.
What is the most expensive home in Portland, Tennessee?
The most expensive home sold in Portland had a price of $47,335,900.
What is currently the cheapest priced home in Portland, TN?
The cheapest home for sale in Portland is priced at $27,657.

Home Value Estimator For Portland, TN

There are currently 8,749 real estate properties in Portland, TN, with a median automated valuation model (AVM) price of $289,763.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Portland, 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 Portland, TN, is $325,051.00, with the most expensive house in Portland, TN, topping out at $47,335,900.00 and the cheapest home in Portland, TN, clocking in at $27,657.00. In other words, there’s something for every potential homebuyer or savvy investor in Portland, TN!


Rent Prices In Portland, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Portland, TN, is on a rollercoaster ride. The average rent price in Portland, TN, is $1,220.00. Indeed, when looking to rent in Portland, TN, you can expect to pay as little as $640.00 or as much as $2,550.00, with the average rent median estimated to be $1,180.00. The good news is that finding an affordable and desirable property to rent in Portland, 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.


Top Reasons To Live In Portland, TN In 2024

Portland is located in Sumner, Tennessee, with an estimated municipal population of 13,030 residents. All of the best foreclosed homes for sale in Portland are located in the following zip code areas on Foreclosure.com: 37148. The estimated population per square kilometer (.62 miles) in Portland is 377.


Cost Of Living In Portland, TN

So, about how much do homes cost in Portland? The most recent median value of resident-owned homes in Portland is 144,264. An estimated 68.5 percent of households in Portland own their homes, with an average family size of 3.28. The median household income in Portland is 55,722, with17.1 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Portland, the median commute time of resident workers (in minutes) is 28. And last, but certainly not least, are you looking for homes to rent in Portland? If so, the average rent price paid by renters in Portland is 850, according to recent statistics.


Diversity And Demographics In Portland, Tennessee

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Portland, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Portland is 34, split between 47.9 percent male versus 52.1 female. The percentage of residents who report being married in Portland is 47.9, with an average family size of 3.28.

The percentage of residents who report their race in Portland is as follows:

White 90.4%
Black / African American 2.2%
Asian 0.4%
American Indian / Alaskan Native 0.2%
Native Hawaiian / Other Pacifc Islander 0.1%
Multi-racial 3.6%
Other 3.1%

Looking for family-friendly neighborhoods in and/or near Portland? Or maybe you are searching for 55+ active adult communities in and/or near Portland?

The percentage of residents who report their age in Portland is as follows:

Under 10 15.3%
Aged 10-19 12.9%
20s 15.7%
30s 13.6%
40s 14.6%
50s 12.5%
60s 8.9%
70s 4.8%
80+ 1.6%

Best Schools In Portland, Tennessee

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Portland with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Portland.


Pros And Cons Of Living In Portland, Tennessee

How do you know that living in -- or moving to -- Portland is right where you need to be? Perhaps you grew up in Portland or already live nearby; therefore, the decision to buy a home in Portland is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Portland for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Portland:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Portland.


Reasons To Move To Portland, Tennessee, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Portland can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Portland, meanwhile, can field multiple offers from more qualified buyers.

Portland, TN Foreclosures


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