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Short Sale Listings in Burlison, TN

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View this home at Walnut Grove Rd Burlison TN 38015
Preforeclosure
$381,249 EMV

| 2 Bath | 2,324 Sq. Ft.

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Home Value Estimator For Burlison, TN

There are currently 1,182 real estate properties in Burlison, TN, with a median automated valuation model (AVM) price of $163,211.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Burlison, 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 Burlison, TN, is $196,295.00, with the most expensive house in Burlison, TN, topping out at $2,234,890.00 and the cheapest home in Burlison, TN, clocking in at $7,314.00. In other words, there’s something for every potential homebuyer or savvy investor in Burlison, TN!


Rent Prices In Burlison, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Burlison, TN, is on a rollercoaster ride. The average rent price in Burlison, TN, is $960.00. Indeed, when looking to rent in Burlison, TN, you can expect to pay as little as $600.00 or as much as $2,240.00, with the average rent median estimated to be $930.00. The good news is that finding an affordable and desirable property to rent in Burlison, 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 Burlison, TN In 2024

Burlison is located in Tipton, Tennessee, with an estimated municipal population of 410 residents. All of the best foreclosed homes for sale in Burlison are located in the following zip code areas on Foreclosure.com: 38015. The estimated population per square kilometer (.62 miles) in Burlison is 150.


Cost Of Living In Burlison, TN

So, about how much do homes cost in Burlison? The most recent median value of resident-owned homes in Burlison is 120,865. An estimated 71.2 percent of households in Burlison own their homes, with an average family size of 2.78. The median household income in Burlison is 40,000, with19.8 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Burlison, the median commute time of resident workers (in minutes) is 26.5. And last, but certainly not least, are you looking for homes to rent in Burlison? If so, the average rent price paid by renters in Burlison is 642, according to recent statistics.


Diversity And Demographics In Burlison, 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 Burlison, 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 Burlison is 45.3, split between 51.7 percent male versus 48.3 female. The percentage of residents who report being married in Burlison is 60.5, with an average family size of 2.78.

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

White 96%
Black / African American 0%
Asian 0%
American Indian / Alaskan Native 0.6%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 3.2%
Other 0.3%

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

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

Under 10 11.5%
Aged 10-19 9.2%
20s 6.9%
30s 13.5%
40s 12%
50s 16.1%
60s 20.4%
70s 5.5%
80+ 4.9%

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


Pros And Cons Of Living In Burlison, Tennessee

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

  • 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 Burlison.


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

Burlison, TN Short Sale Listings


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