Cheap Homes in New Tazewell, TN

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View this home at Bear Creek Rd New Tazewell TN 37825
$16,320 EMV
View this home at Stansberry Rd New Tazewell TN 37825
$57,960 EMV

| 1.5 Bath | 1,916 Sq. Ft.

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New Tazewell, TN Foreclosures

How much do homes sell for in New Tazewell, TN?
The average home price is currently $231,306.
In New Tazewell, TN, how many homes are available?
There are currently 3,696 active home listings available in New Tazewell.
What’s the average rental cost in New Tazewell, TN?
The average rental price in New Tazewell is $966.
What is the most expensive home in New Tazewell, Tennessee?
The most expensive home sold in New Tazewell had a price of $3,462,275.
What is currently the cheapest priced home in New Tazewell, TN?
The cheapest home for sale in New Tazewell is priced at $4,348.

Home Value Estimator For New Tazewell, TN

There are currently 3,696 real estate properties in New Tazewell, TN, with a median automated valuation model (AVM) price of $179,468.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in New Tazewell, 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 New Tazewell, TN, is $231,306.00, with the most expensive house in New Tazewell, TN, topping out at $3,462,275.00 and the cheapest home in New Tazewell, TN, clocking in at $4,348.00. In other words, there’s something for every potential homebuyer or savvy investor in New Tazewell, TN!

Rent Prices In New Tazewell, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in New Tazewell, TN, is on a rollercoaster ride. The average rent price in New Tazewell, TN, is $966.00. Indeed, when looking to rent in New Tazewell, TN, you can expect to pay as little as $420.00 or as much as $2,160.00, with the average rent median estimated to be $910.00. The good news is that finding an affordable and desirable property to rent in New Tazewell, 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.

Top Reasons To Live In New Tazewell, TN In 2024

New Tazewell is located in Claiborne, Tennessee, with an estimated municipal population of 2,719 residents. All of the best foreclosed homes for sale in New Tazewell are located in the following zip code areas on 37825 37824. The estimated population per square kilometer (.62 miles) in New Tazewell is 207.

Cost Of Living In New Tazewell, TN

So, about how much do homes cost in New Tazewell? The most recent median value of resident-owned homes in New Tazewell is 98,188. An estimated 43.5 percent of households in New Tazewell own their homes, with an average family size of 2.68. The median household income in New Tazewell is 30,893, with7.4 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in New Tazewell, the median commute time of resident workers (in minutes) is 18.5. And last, but certainly not least, are you looking for homes to rent in New Tazewell? If so, the average rent price paid by renters in New Tazewell is 584, according to recent statistics.

Diversity And Demographics In New Tazewell, 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 New Tazewell, 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 New Tazewell is 47.4, split between 42.6 percent male versus 57.4 female. The percentage of residents who report being married in New Tazewell is 50.7, with an average family size of 2.68.

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

White 97.9%
Black / African American 1.1%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1%
Other 0%

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

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

Under 10 9.4%
Aged 10-19 7.2%
20s 10.7%
30s 15.9%
40s 12.4%
50s 12%
60s 13.7%
70s 10.3%
80+ 8.2%

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

Pros And Cons Of Living In New Tazewell, Tennessee

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

  • 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 New Tazewell.

Reasons To Move To New Tazewell, Tennessee, In 2024

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

Cheap Homes in New Tazewell, TN


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