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Coalfield is located in Morgan, Tennessee, with an estimated municipal population of 2,580 residents. All of the best foreclosed homes for sale in Coalfield are located in the following zip code areas on Foreclosure.com: 37719 37840 37748. The estimated population per square kilometer (.62 miles) in Coalfield is 40.
So, about how much do homes cost in Coalfield? The most recent median value of resident-owned homes in Coalfield is 127,747. An estimated 74.3 percent of households in Coalfield own their homes, with an average family size of 2.84. The median household income in Coalfield is 47,632, with18 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Coalfield, the median commute time of resident workers (in minutes) is 24.8. And last, but certainly not least, are you looking for homes to rent in Coalfield? If so, the average rent price paid by renters in Coalfield is 808, according to recent statistics.
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 Coalfield, 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 Coalfield is 40.8, split between 47.8 percent male versus 52.2 female. The percentage of residents who report being married in Coalfield is 52.8, with an average family size of 2.84.
The percentage of residents who report their race in Coalfield is as follows:
White | 100% |
Black / African American | 0% |
Asian | 0% |
American Indian / Alaskan Native | 0% |
Native Hawaiian / Other Pacifc Islander | 0% |
Multi-racial | 0% |
Other | 0% |
Looking for family-friendly neighborhoods in and/or near Coalfield? Or maybe you are searching for 55+ active adult communities in and/or near Coalfield?
The percentage of residents who report their age in Coalfield is as follows:
Under 10 | 12.3% |
Aged 10-19 | 14.4% |
20s | 11.1% |
30s | 10.8% |
40s | 12% |
50s | 12.7% |
60s | 10.2% |
70s | 11.2% |
80+ | 5.2% |
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 Coalfield with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Coalfield.
How do you know that living in -- or moving to -- Coalfield is right where you need to be? Perhaps you grew up in Coalfield or already live nearby; therefore, the decision to buy a home in Coalfield is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Coalfield 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 Coalfield:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Coalfield.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Coalfield can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Coalfield, meanwhile, can field multiple offers from more qualified buyers.
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