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There are currently 220 real estate properties in Powells Crossroads, TN, with a median automated valuation model (AVM) price of $67,120.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Powells Crossroads, 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 Powells Crossroads, TN, is $129,576.00, with the most expensive house in Powells Crossroads, TN, topping out at $1,449,000.00 and the cheapest home in Powells Crossroads, TN, clocking in at $8,185.00. In other words, there’s something for every potential homebuyer or savvy investor in Powells Crossroads, TN!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Powells Crossroads, TN, is on a rollercoaster ride. The average rent price in Powells Crossroads, TN, is $931.00. Indeed, when looking to rent in Powells Crossroads, TN, you can expect to pay as little as $550.00 or as much as $2,300.00, with the average rent median estimated to be $840.00. The good news is that finding an affordable and desirable property to rent in Powells Crossroads, 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.
Powells Crossroads is located in Marion, Tennessee, with an estimated municipal population of 1,359 residents. All of the best foreclosed homes for sale in Powells Crossroads are located in the following zip code areas on Foreclosure.com: 37397. The estimated population per square kilometer (.62 miles) in Powells Crossroads is 107.
So, about how much do homes cost in Powells Crossroads? The most recent median value of resident-owned homes in Powells Crossroads is 115,742. An estimated 87.8 percent of households in Powells Crossroads own their homes, with an average family size of 3.11. The median household income in Powells Crossroads is 59,688, with17.5 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Powells Crossroads, the median commute time of resident workers (in minutes) is 34.4. And last, but certainly not least, are you looking for homes to rent in Powells Crossroads? If so, the average rent price paid by renters in Powells Crossroads is 814, 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 Powells Crossroads, 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 Powells Crossroads is 41.4, split between 48.8 percent male versus 51.2 female. The percentage of residents who report being married in Powells Crossroads is 61.9, with an average family size of 3.11.
The percentage of residents who report their race in Powells Crossroads is as follows:
| White | 97.5% |
| Black / African American | 0% |
| Asian | 0% |
| American Indian / Alaskan Native | 0% |
| Native Hawaiian / Other Pacifc Islander | 0% |
| Multi-racial | 2.5% |
| Other | 0% |
Looking for family-friendly neighborhoods in and/or near Powells Crossroads? Or maybe you are searching for 55+ active adult communities in and/or near Powells Crossroads?
The percentage of residents who report their age in Powells Crossroads is as follows:
| Under 10 | 12% |
| Aged 10-19 | 12.6% |
| 20s | 10.9% |
| 30s | 11% |
| 40s | 17.9% |
| 50s | 14.2% |
| 60s | 11.8% |
| 70s | 6.9% |
| 80+ | 2.7% |
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 Powells Crossroads with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Powells Crossroads.
How do you know that living in -- or moving to -- Powells Crossroads is right where you need to be? Perhaps you grew up in Powells Crossroads or already live nearby; therefore, the decision to buy a home in Powells Crossroads is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Powells Crossroads 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 Powells Crossroads:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Powells Crossroads.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Powells Crossroads can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Powells Crossroads, meanwhile, can field multiple offers from more qualified buyers.
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