There are currently 829 real estate properties in Lobelville, TN, with a median automated valuation model (AVM) price of $112,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lobelville, 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 Lobelville, TN, is $137,585.00, with the most expensive house in Lobelville, TN, topping out at $3,320,800.00 and the cheapest home in Lobelville, TN, clocking in at $17,700.00. In other words, there’s something for every potential homebuyer or savvy investor in Lobelville, TN!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lobelville, TN, is on a rollercoaster ride. The average rent price in Lobelville, TN, is $881.00. Indeed, when looking to rent in Lobelville, TN, you can expect to pay as little as $500.00 or as much as $1,890.00, with the average rent median estimated to be $860.00. The good news is that finding an affordable and desirable property to rent in Lobelville, 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.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Lobelville, TN area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Lobelville, TN and much more. Save thousands at closing with home foreclosure listings in Lobelville, TN — up to 75% off market value!
Lobelville is located in Perry, Tennessee, with an estimated municipal population of 888 residents. All of the best foreclosed homes for sale in Lobelville are located in the following zip code areas on Foreclosure.com: 37097. The estimated population per square kilometer (.62 miles) in Lobelville is 91.
So, about how much do homes cost in Lobelville? The most recent median value of resident-owned homes in Lobelville is 75,317. An estimated 70.1 percent of households in Lobelville own their homes, with an average family size of 3.09. The median household income in Lobelville is 43,510, with8.7 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Lobelville, the median commute time of resident workers (in minutes) is 28.4. And last, but certainly not least, are you looking for homes to rent in Lobelville? If so, the average rent price paid by renters in Lobelville is 715, 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 Lobelville, 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 Lobelville is 43, split between 40.1 percent male versus 59.9 female. The percentage of residents who report being married in Lobelville is 44.8, with an average family size of 3.09.
The percentage of residents who report their race in Lobelville is as follows:
|Black / African American||0%|
|American Indian / Alaskan Native||0.6%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near Lobelville? Or maybe you are searching for 55+ active adult communities in and/or near Lobelville?
The percentage of residents who report their age in Lobelville 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 Lobelville with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Lobelville.
How do you know that living in -- or moving to -- Lobelville is right where you need to be? Perhaps you grew up in Lobelville or already live nearby; therefore, the decision to buy a home in Lobelville is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Lobelville 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 Lobelville:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Lobelville.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Lobelville can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Lobelville, meanwhile, can field multiple offers from more qualified buyers.
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