There are currently 902 real estate properties in Hickory Valley, TN, with a median automated valuation model (AVM) price of $34,230.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Hickory Valley, 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 Hickory Valley, TN, is $86,752.00, with the most expensive house in Hickory Valley, TN, topping out at $1,282,400.00 and the cheapest home in Hickory Valley, TN, clocking in at $1,602.00. In other words, there’s something for every potential homebuyer or savvy investor in Hickory Valley, TN!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Hickory Valley, TN, is on a rollercoaster ride. The average rent price in Hickory Valley, TN, is $869.00. Indeed, when looking to rent in Hickory Valley, TN, you can expect to pay as little as $520.00 or as much as $2,090.00, with the average rent median estimated to be $850.00. The good news is that finding an affordable and desirable property to rent in Hickory Valley, 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.
Hickory Valley is located in Hardeman, Tennessee, with an estimated municipal population of 93 residents. All of the best foreclosed homes for sale in Hickory Valley are located in the following zip code areas on Foreclosure.com: 38042. The estimated population per square kilometer (.62 miles) in Hickory Valley is 113.
So, about how much do homes cost in Hickory Valley? The most recent median value of resident-owned homes in Hickory Valley is 88,853. An estimated 83.7 percent of households in Hickory Valley own their homes, with an average family size of 2.12. The median household income in Hickory Valley is 47,875, with16.3 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Hickory Valley, the median commute time of resident workers (in minutes) is 37.6. And last, but certainly not least, are you looking for homes to rent in Hickory Valley? If so, the average rent price paid by renters in Hickory Valley is 813, 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 Hickory Valley, 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 Hickory Valley is 58.2, split between 53.3 percent male versus 46.7 female. The percentage of residents who report being married in Hickory Valley is 67.8, with an average family size of 2.12.
The percentage of residents who report their race in Hickory Valley is as follows:
|Black / African American
|American Indian / Alaskan Native
|Native Hawaiian / Other Pacifc Islander
Looking for family-friendly neighborhoods in and/or near Hickory Valley? Or maybe you are searching for 55+ active adult communities in and/or near Hickory Valley?
The percentage of residents who report their age in Hickory Valley 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 Hickory Valley with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Hickory Valley.
How do you know that living in -- or moving to -- Hickory Valley is right where you need to be? Perhaps you grew up in Hickory Valley or already live nearby; therefore, the decision to buy a home in Hickory Valley is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Hickory Valley 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 Hickory Valley:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Hickory Valley.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Hickory Valley can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Hickory Valley, meanwhile, can field multiple offers from more qualified buyers.
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