Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Cumberland City, TN area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Cumberland City, TN and much more. Save thousands at closing with home foreclosure listings in Cumberland City, TN — up to 75% off market value!
Cumberland City is located in Stewart, Tennessee, with an estimated municipal population of 307 residents. All of the best foreclosed homes for sale in Cumberland City are located in the following zip code areas on Foreclosure.com: 37050. The estimated population per square kilometer (.62 miles) in Cumberland City is 23.
So, about how much do homes cost in Cumberland City? The most recent median value of resident-owned homes in Cumberland City is 102,418. An estimated 55.4 percent of households in Cumberland City own their homes, with an average family size of 3.61. The median household income in Cumberland City is 24,375, with14.2 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Cumberland City, the median commute time of resident workers (in minutes) is 28.7. And last, but certainly not least, are you looking for homes to rent in Cumberland City? If so, the average rent price paid by renters in Cumberland City is 554, 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 Cumberland City, 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 Cumberland City is 47.6, split between 51.5 percent male versus 48.5 female. The percentage of residents who report being married in Cumberland City is 40, with an average family size of 3.61.
The percentage of residents who report their race in Cumberland City is as follows:
|Black / African American||8%|
|American Indian / Alaskan Native||0.9%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near Cumberland City? Or maybe you are searching for 55+ active adult communities in and/or near Cumberland City?
The percentage of residents who report their age in Cumberland City is as follows:
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 Cumberland City with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Cumberland City.
How do you know that living in -- or moving to -- Cumberland City is right where you need to be? Perhaps you grew up in Cumberland City or already live nearby; therefore, the decision to buy a home in Cumberland City is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Cumberland City 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 Cumberland City:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Cumberland City.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Cumberland City can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Cumberland City, meanwhile, can field multiple offers from more qualified buyers.