In this case, the house has not been put on the market by the bank. When it comes on market, the lender will decided what price they want to put the house on market for. It may or may not be close to what RealtyTrac listed as the 'market value'
I have helped quite a few of my clients successfully purchase bank owned homes and am very familiar with what's important when purchasing bank owned homes.
I will be very happy to assist you in finding a great home at a great price.
Frank Howard Allen Realtors