There are currently 2,341 real estate properties in Fall Branch, TN, with a median automated valuation model (AVM) price of $176,685.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Fall Branch, 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 Fall Branch, TN, is $223,422.00, with the most expensive house in Fall Branch, TN, topping out at $4,030,900.00 and the cheapest home in Fall Branch, TN, clocking in at $8,734.00. In other words, there’s something for every potential homebuyer or savvy investor in Fall Branch, TN!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Fall Branch, TN, is on a rollercoaster ride. The average rent price in Fall Branch, TN, is $1,027.00. Indeed, when looking to rent in Fall Branch, TN, you can expect to pay as little as $490.00 or as much as $2,540.00, with the average rent median estimated to be $970.00. The good news is that finding an affordable and desirable property to rent in Fall Branch, 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.
Fall Branch is located in Washington, Tennessee, with an estimated municipal population of 1,403 residents. All of the best foreclosed homes for sale in Fall Branch are located in the following zip code areas on Foreclosure.com: 37656. The estimated population per square kilometer (.62 miles) in Fall Branch is 119.
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 Fall Branch, 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 Fall Branch is 47.6, split between 67.7 percent male versus 32.3 female. The percentage of residents who report being married in Fall Branch is 57.1, with an average family size of 2.81.
The percentage of residents who report their race in Fall Branch is as follows:
White | 99.4% |
Black / African American | 0% |
Asian | 0% |
American Indian / Alaskan Native | 0% |
Native Hawaiian / Other Pacifc Islander | 0% |
Multi-racial | 0% |
Other | 0.6% |
Looking for family-friendly neighborhoods in and/or near Fall Branch? Or maybe you are searching for 55+ active adult communities in and/or near Fall Branch?
The percentage of residents who report their age in Fall Branch is as follows:
Under 10 | 5% |
Aged 10-19 | 6.8% |
20s | 13.2% |
30s | 4.7% |
40s | 25.4% |
50s | 11.1% |
60s | 18.6% |
70s | 10.1% |
80+ | 4.9% |
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 Fall Branch with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Fall Branch.
How do you know that living in -- or moving to -- Fall Branch is right where you need to be? Perhaps you grew up in Fall Branch or already live nearby; therefore, the decision to buy a home in Fall Branch is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Fall Branch 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 Fall Branch:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Fall Branch.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Fall Branch can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Fall Branch, meanwhile, can field multiple offers from more qualified buyers.
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