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Bankruptcy Homes in Lexington, TN

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Presley-ridge-rd-Sardis-TN-38371
Bankruptcy
$82,280 EMV

Presley Ridge Rd
Sardis, TN 38371

| 980 Sq. Ft.

Stormwood-ln-Huron-TN-38345
Bankruptcy
$67,235 EMV

Stormwood Ln
Huron, TN 38345

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Foreclosure Homes in Lexington, TN

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


Top Reasons To Live In Lexington, TN In 2021

Lexington is located in Henderson, Tennessee, with an estimated municipal population of 7,889 residents. All of the best foreclosed homes for sale in Lexington are located in the following zip code areas on Foreclosure.com: 38351. The estimated population per square kilometer (.62 miles) in Lexington is 260.


Cost Of Living In Lexington, TN

So, about how much do homes cost in Lexington? The most recent median value of resident-owned homes in Lexington is 115,334. An estimated 54 percent of households in Lexington own their homes, with an average family size of 3.05. The median household income in Lexington is 34,567, with14.1 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Lexington, the median commute time of resident workers (in minutes) is 25.1. And last, but certainly not least, are you looking for homes to rent in Lexington? If so, the average rent price paid by renters in Lexington is 636, according to recent statistics.


Diversity And Demographics In Lexington, 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 Lexington, 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 Lexington is 39.3, split between 48.7 percent male versus 51.3 female. The percentage of residents who report being married in Lexington is 46.1, with an average family size of 3.05.

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

White 80.7%
Black / African American 16.8%
Asian 0.3%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0.3%
Multi-racial 1.9%
Other 0%

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

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

Under 10 16.6%
Aged 10-19 8.8%
20s 13.3%
30s 12.8%
40s 13.1%
50s 10.9%
60s 13.8%
70s 6.9%
80+ 3.7%

Best Schools In Lexington, 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 Lexington with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Lexington.


Pros And Cons Of Living In Lexington, Tennessee

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

  • 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 Lexington.


Reasons To Move To Lexington, 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 Lexington can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Lexington, meanwhile, can field multiple offers from more qualified buyers.

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Listing types in Lexington, TN

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