There are currently 2,099 real estate properties in Decherd, TN, with a median automated valuation model (AVM) price of $196,333.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Decherd, 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 Decherd, TN, is $243,360.00, with the most expensive house in Decherd, TN, topping out at $3,765,762.00 and the cheapest home in Decherd, TN, clocking in at $12,740.00. In other words, there’s something for every potential homebuyer or savvy investor in Decherd, TN!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Decherd, TN, is on a rollercoaster ride. The average rent price in Decherd, TN, is $1,005.00. Indeed, when looking to rent in Decherd, TN, you can expect to pay as little as $510.00 or as much as $2,540.00, with the average rent median estimated to be $980.00. The good news is that finding an affordable and desirable property to rent in Decherd, 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.
Decherd is located in Franklin, Tennessee, with an estimated municipal population of 2,371 residents. All of the best foreclosed homes for sale in Decherd are located in the following zip code areas on Foreclosure.com: 37398 37324. The estimated population per square kilometer (.62 miles) in Decherd is 190.
So, about how much do homes cost in Decherd? The most recent median value of resident-owned homes in Decherd is 90,246. An estimated 46.5 percent of households in Decherd own their homes, with an average family size of 3.06. The median household income in Decherd is 34,504, with7 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Decherd, the median commute time of resident workers (in minutes) is 19.4. And last, but certainly not least, are you looking for homes to rent in Decherd? If so, the average rent price paid by renters in Decherd is 742, 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 Decherd, 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 Decherd is 37.9, split between 43.7 percent male versus 56.3 female. The percentage of residents who report being married in Decherd is 43.6, with an average family size of 3.06.
The percentage of residents who report their race in Decherd is as follows:
White | 79% |
Black / African American | 16.4% |
Asian | 0.3% |
American Indian / Alaskan Native | 0.2% |
Native Hawaiian / Other Pacifc Islander | 0% |
Multi-racial | 3.7% |
Other | 0.4% |
Looking for family-friendly neighborhoods in and/or near Decherd? Or maybe you are searching for 55+ active adult communities in and/or near Decherd?
The percentage of residents who report their age in Decherd is as follows:
Under 10 | 14.1% |
Aged 10-19 | 12.3% |
20s | 14.7% |
30s | 12.7% |
40s | 12.5% |
50s | 12.7% |
60s | 9.4% |
70s | 8.2% |
80+ | 3.4% |
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 Decherd with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Decherd.
How do you know that living in -- or moving to -- Decherd is right where you need to be? Perhaps you grew up in Decherd or already live nearby; therefore, the decision to buy a home in Decherd is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Decherd 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 Decherd:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Decherd.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Decherd can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Decherd, meanwhile, can field multiple offers from more qualified buyers.
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