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Bankruptcy Homes in Collinwood, TN

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Savannah-hwy-Waynesboro-TN-38485
Bankruptcy

Savannah Hwy
Waynesboro, TN 38485

Owens-ln-Waynesboro-TN-38485
Bankruptcy
$91,800 EMV

Owens Ln
Waynesboro, TN 38485

| 840 Sq. Ft.

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Foreclosure Homes in Collinwood, TN

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Collinwood, TN area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Collinwood, TN and much more. Save thousands at closing with home foreclosure listings in Collinwood, TN — up to 75% off market value!


Top Reasons To Live In Collinwood, TN In 2021

Collinwood is located in Wayne, Tennessee, with an estimated municipal population of 944 residents. All of the best foreclosed homes for sale in Collinwood are located in the following zip code areas on Foreclosure.com: 38450. The estimated population per square kilometer (.62 miles) in Collinwood is 131.


Cost Of Living In Collinwood, TN

So, about how much do homes cost in Collinwood? The most recent median value of resident-owned homes in Collinwood is 75,509. An estimated 69.2 percent of households in Collinwood own their homes, with an average family size of 3.2. The median household income in Collinwood is 37,339, with10.1 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Collinwood, the median commute time of resident workers (in minutes) is 31.7. And last, but certainly not least, are you looking for homes to rent in Collinwood? If so, the average rent price paid by renters in Collinwood is 492, according to recent statistics.


Diversity And Demographics In Collinwood, 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 Collinwood, 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 Collinwood is 37.7, split between 43.9 percent male versus 56.1 female. The percentage of residents who report being married in Collinwood is 43.4, with an average family size of 3.2.

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

White 99.4%
Black / African American 0.2%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0%
Other 0.5%

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

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

Under 10 11.5%
Aged 10-19 14.3%
20s 13.6%
30s 13.7%
40s 11.1%
50s 13.4%
60s 11.4%
70s 6.4%
80+ 4.8%

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


Pros And Cons Of Living In Collinwood, Tennessee

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

  • 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 Collinwood.


Reasons To Move To Collinwood, Tennessee, In 2021

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

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