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Jellico is located in Campbell, Tennessee, with an estimated municipal population of 2,165 residents. All of the best foreclosed homes for sale in Jellico are located in the following zip code areas on Foreclosure.com: 37762 37847. The estimated population per square kilometer (.62 miles) in Jellico is 134.
So, about how much do homes cost in Jellico? The most recent median value of resident-owned homes in Jellico is 95,883. An estimated 44.6 percent of households in Jellico own their homes, with an average family size of 2.94. The median household income in Jellico is 21,000, with9.1 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Jellico, the median commute time of resident workers (in minutes) is 24.9. And last, but certainly not least, are you looking for homes to rent in Jellico? If so, the average rent price paid by renters in Jellico is 460, 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 Jellico, 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 Jellico is 48.6, split between 52.7 percent male versus 47.3 female. The percentage of residents who report being married in Jellico is 50.9, with an average family size of 2.94.
The percentage of residents who report their race in Jellico is as follows:
| White | 94.6% |
| Black / African American | 1.2% |
| Asian | 0% |
| American Indian / Alaskan Native | 0% |
| Native Hawaiian / Other Pacifc Islander | 0% |
| Multi-racial | 3.8% |
| Other | 0.4% |
Looking for family-friendly neighborhoods in and/or near Jellico? Or maybe you are searching for 55+ active adult communities in and/or near Jellico?
The percentage of residents who report their age in Jellico is as follows:
| Under 10 | 16.5% |
| Aged 10-19 | 6.3% |
| 20s | 8.1% |
| 30s | 9.8% |
| 40s | 13% |
| 50s | 14.2% |
| 60s | 11.8% |
| 70s | 14.4% |
| 80+ | 5.9% |
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 Jellico with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Jellico.
How do you know that living in -- or moving to -- Jellico is right where you need to be? Perhaps you grew up in Jellico or already live nearby; therefore, the decision to buy a home in Jellico is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Jellico 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 Jellico:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Jellico.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Jellico can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Jellico, meanwhile, can field multiple offers from more qualified buyers.
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