Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Gallaway, TN area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Gallaway, TN and much more. Save thousands at closing with home foreclosure listings in Gallaway, TN — up to 75% off market value!
Gallaway is located in Fayette, Tennessee, with an estimated municipal population of 647 residents. All of the best foreclosed homes for sale in Gallaway are located in the following zip code areas on Foreclosure.com: 38036 38002 38049. The estimated population per square kilometer (.62 miles) in Gallaway is 40.
So, about how much do homes cost in Gallaway? The most recent median value of resident-owned homes in Gallaway is 132,300. An estimated 24.6 percent of households in Gallaway own their homes, with an average family size of 2.99. The median household income in Gallaway is 19,125, with2.9 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Gallaway, the median commute time of resident workers (in minutes) is 29.9. And last, but certainly not least, are you looking for homes to rent in Gallaway? If so, the average rent price paid by renters in Gallaway is 498, 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 Gallaway, 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 Gallaway is 45, split between 32.6 percent male versus 67.4 female. The percentage of residents who report being married in Gallaway is 20.2, with an average family size of 2.99.
The percentage of residents who report their race in Gallaway is as follows:
|Black / African American||60.5%|
|American Indian / Alaskan Native||0%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near Gallaway? Or maybe you are searching for 55+ active adult communities in and/or near Gallaway?
The percentage of residents who report their age in Gallaway 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 Gallaway with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Gallaway.
How do you know that living in -- or moving to -- Gallaway is right where you need to be? Perhaps you grew up in Gallaway or already live nearby; therefore, the decision to buy a home in Gallaway is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Gallaway 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 Gallaway:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Gallaway.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Gallaway can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Gallaway, meanwhile, can field multiple offers from more qualified buyers.
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