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Foreclosure Homes in Iron City, TN

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Mill-branch-rd-Iron-city-TN-38463
Tax Lien
$126,735 EMV

Mill Branch Rd
Iron City, TN 38463

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Home Value Estimator For Iron City, TN

There are currently 870 real estate properties in Iron City, TN, with a median automated valuation model (AVM) price of $139,400.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Iron City, 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 Iron City, TN, is $153,938.00, with the most expensive house in Iron City, TN, topping out at $573,300.00 and the cheapest home in Iron City, TN, clocking in at $33,700.00. In other words, there’s something for every potential homebuyer or savvy investor in Iron City, TN!


Rent Prices In Iron City, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Iron City, TN, is on a rollercoaster ride. The average rent price in Iron City, TN, is $950.00. Indeed, when looking to rent in Iron City, TN, you can expect to pay as little as $510.00 or as much as $1,900.00, with the average rent median estimated to be $920.00. The good news is that finding an affordable and desirable property to rent in Iron City, 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.


Foreclosure Homes in Iron City, TN

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Iron City, TN area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Iron City, TN and much more. Save thousands at closing with home foreclosure listings in Iron City, TN — up to 75% off market value!


Top Reasons To Live In Iron City, TN In 2021

Iron City is located in Lawrence, Tennessee, with an estimated municipal population of 167 residents. All of the best foreclosed homes for sale in Iron City are located in the following zip code areas on Foreclosure.com: 38463. The estimated population per square kilometer (.62 miles) in Iron City is 93.


Cost Of Living In Iron City, TN

So, about how much do homes cost in Iron City? The most recent median value of resident-owned homes in Iron City is 31,980. An estimated 74.7 percent of households in Iron City own their homes, with an average family size of 3.13. The median household income in Iron City is 22,188, with0 percentage of households earning at least $100,000 annually.


Diversity And Demographics In Iron City, Tennessee

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 Iron 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 Iron City is 55.1, split between 68.3 percent male versus 31.7 female. The percentage of residents who report being married in Iron City is 24, with an average family size of 3.13.

The percentage of residents who report their race in Iron City is as follows:

White 100%
Black / African American 0%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0%
Other 0%

Looking for family-friendly neighborhoods in and/or near Iron City? Or maybe you are searching for 55+ active adult communities in and/or near Iron City?

The percentage of residents who report their age in Iron City is as follows:

Under 10 2.4%
Aged 10-19 18%
20s 13.8%
30s 3%
40s 4.2%
50s 35.9%
60s 10.2%
70s 12.6%
80+ 0%

Best Schools In Iron City, Tennessee

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 Iron City with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Iron City.


Pros And Cons Of Living In Iron City, Tennessee

How do you know that living in -- or moving to -- Iron City is right where you need to be? Perhaps you grew up in Iron City or already live nearby; therefore, the decision to buy a home in Iron City is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Iron 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 Iron City:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Iron City.


Reasons To Move To Iron City, Tennessee, In 2021

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Iron City can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Iron City, meanwhile, can field multiple offers from more qualified buyers.

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Listing types in Iron City, TN

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