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Foreclosure Homes in Sewanee, TN

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Tate-rd-Sewanee-TN-37375
Foreclosure
$157,500 EMV

Tate Rd
Sewanee, TN 37375

| 1 Bath | 896 Sq. Ft.

Midway-rd-Sewanee-TN-37375
Bankruptcy

Midway Rd
Sewanee, TN 37375

Tate-trl-Sewanee-TN-37375
Bankruptcy

Tate Trl
Sewanee, TN 37375

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Home Value Estimator For Sewanee, TN

There are currently 1,229 real estate properties in Sewanee, TN, with a median automated valuation model (AVM) price of $257,300.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Sewanee, 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 Sewanee, TN, is $287,325.00, with the most expensive house in Sewanee, TN, topping out at $1,128,000.00 and the cheapest home in Sewanee, TN, clocking in at $45,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Sewanee, TN!


Rent Prices In Sewanee, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Sewanee, TN, is on a rollercoaster ride. The average rent price in Sewanee, TN, is $1,353.00. Indeed, when looking to rent in Sewanee, TN, you can expect to pay as little as $580.00 or as much as $2,910.00, with the average rent median estimated to be $1,370.00. The good news is that finding an affordable and desirable property to rent in Sewanee, 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.


Foreclosure Homes in Sewanee, TN

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


Top Reasons To Live In Sewanee, TN In 2021

Sewanee is located in Franklin, Tennessee, with an estimated municipal population of 2,505 residents. All of the best foreclosed homes for sale in Sewanee are located in the following zip code areas on Foreclosure.com: 37375 37383. The estimated population per square kilometer (.62 miles) in Sewanee is 248.


Cost Of Living In Sewanee, TN

So, about how much do homes cost in Sewanee? The most recent median value of resident-owned homes in Sewanee is 258,267. An estimated 80.8 percent of households in Sewanee own their homes, with an average family size of 2.54. The median household income in Sewanee is 78,472, with44.1 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Sewanee, the median commute time of resident workers (in minutes) is 16.4. And last, but certainly not least, are you looking for homes to rent in Sewanee? If so, the average rent price paid by renters in Sewanee is 919, according to recent statistics.


Diversity And Demographics In Sewanee, 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 Sewanee, 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 Sewanee is 21.4, split between 43 percent male versus 57 female. The percentage of residents who report being married in Sewanee is 19.8, with an average family size of 2.54.

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

White 89.9%
Black / African American 1.8%
Asian 2.3%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 5.9%
Other 0%

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

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

Under 10 2.5%
Aged 10-19 30.4%
20s 39.3%
30s 0.5%
40s 9.2%
50s 1.4%
60s 5%
70s 9.9%
80+ 1.8%

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


Pros And Cons Of Living In Sewanee, Tennessee

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

  • 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 Sewanee.


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

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Listing types in Sewanee, TN

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