Foreclosures in Athens, TN

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Home Value Estimator For Athens, TN

There are currently 9,724 real estate properties in Athens, TN, with a median automated valuation model (AVM) price of $215,757.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Athens, 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 Athens, TN, is $256,002.00, with the most expensive house in Athens, TN, topping out at $8,829,474.00 and the cheapest home in Athens, TN, clocking in at $9,680.00. In other words, there’s something for every potential homebuyer or savvy investor in Athens, TN!

Rent Prices In Athens, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Athens, TN, is on a rollercoaster ride. The average rent price in Athens, TN, is $1,096.00. Indeed, when looking to rent in Athens, TN, you can expect to pay as little as $500.00 or as much as $3,200.00, with the average rent median estimated to be $1,060.00. The good news is that finding an affordable and desirable property to rent in Athens, 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 Athens, TN In 2024

Athens is located in McMinn, Tennessee, with an estimated municipal population of 14,020 residents. All of the best foreclosed homes for sale in Athens are located in the following zip code areas on 37303 37371. The estimated population per square kilometer (.62 miles) in Athens is 349.

Cost Of Living In Athens, TN

So, about how much do homes cost in Athens? The most recent median value of resident-owned homes in Athens is 146,071. An estimated 56.1 percent of households in Athens own their homes, with an average family size of 3.23. The median household income in Athens is 31,913, with12.9 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Athens, the median commute time of resident workers (in minutes) is 19.9. And last, but certainly not least, are you looking for homes to rent in Athens? If so, the average rent price paid by renters in Athens is 708, according to recent statistics.

Diversity And Demographics In Athens, 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 Athens, 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 Athens is 38.1, split between 48.5 percent male versus 51.5 female. The percentage of residents who report being married in Athens is 39, with an average family size of 3.23.

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

White 86%
Black / African American 9.3%
Asian 0.8%
American Indian / Alaskan Native 0.8%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 2%
Other 1.2%

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

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

Under 10 10.8%
Aged 10-19 13.5%
20s 14.4%
30s 13%
40s 12.8%
50s 11.6%
60s 11.9%
70s 7.2%
80+ 4.9%

Best Schools In Athens, 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 Athens with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Athens.

Pros And Cons Of Living In Athens, Tennessee

How do you know that living in -- or moving to -- Athens is right where you need to be? Perhaps you grew up in Athens or already live nearby; therefore, the decision to buy a home in Athens is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Athens 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 Athens:

  • 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 Athens.

Reasons To Move To Athens, 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 Athens can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Athens, meanwhile, can field multiple offers from more qualified buyers.

Athens, TN Foreclosures


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