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Rent To Own Homes in Whitwell, TN

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View this home at S Elm St Whitwell TN 37397
Preforeclosure
VIEW DETAILS
$344,031 EMV
S Elm St
Whitwell, TN 37397
Single-Family
2
|
2,213
EST. RENT: $1,720
|
AUCTION: 05-14-2024
Single-Family
2
|
2,213
View this home at W Spring St Whitwell TN 37397
Preforeclosure
VIEW DETAILS
$230,641 EMV
W Spring St
Whitwell, TN 37397
Commercial
0
EST. RENT: $1,440
|
AUCTION: 04-30-2024
Commercial
0
4 View this home at S Magnolia Ave Whitwell TN 37397
Foreclosure
VIEW DETAILS
$116,070 EMV
S Magnolia Ave
Whitwell, TN 37397
Single-Family
|
2 |
1
|
928
EST. RENT: $850
|
AUCTION: 03-31-2024
Single-Family
|
2 |
1
|
928
Displaying 1 - 6 of 6
 
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Home Value Estimator For Whitwell, TN

There are currently 4,135 real estate properties in Whitwell, TN, with a median automated valuation model (AVM) price of $154,926.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Whitwell, 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 Whitwell, TN, is $187,022.00, with the most expensive house in Whitwell, TN, topping out at $2,775,803.00 and the cheapest home in Whitwell, TN, clocking in at $8,007.00. In other words, there’s something for every potential homebuyer or savvy investor in Whitwell, TN!


Rent Prices In Whitwell, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Whitwell, TN, is on a rollercoaster ride. The average rent price in Whitwell, TN, is $1,061.00. Indeed, when looking to rent in Whitwell, TN, you can expect to pay as little as $440.00 or as much as $2,300.00, with the average rent median estimated to be $980.00. The good news is that finding an affordable and desirable property to rent in Whitwell, 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 Whitwell, TN In 2024

Whitwell is located in Marion, Tennessee, with an estimated municipal population of 1,730 residents. All of the best foreclosed homes for sale in Whitwell are located in the following zip code areas on Foreclosure.com: 37397. The estimated population per square kilometer (.62 miles) in Whitwell is 190.


Cost Of Living In Whitwell, TN

So, about how much do homes cost in Whitwell? The most recent median value of resident-owned homes in Whitwell is 88,879. An estimated 65.8 percent of households in Whitwell own their homes, with an average family size of 2.62. The median household income in Whitwell is 42,727, with11.7 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Whitwell, the median commute time of resident workers (in minutes) is 35.1. And last, but certainly not least, are you looking for homes to rent in Whitwell? If so, the average rent price paid by renters in Whitwell is 713, according to recent statistics.


Diversity And Demographics In Whitwell, 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 Whitwell, 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 Whitwell is 40.4, split between 46.6 percent male versus 53.4 female. The percentage of residents who report being married in Whitwell is 41.9, with an average family size of 2.62.

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

White 95.4%
Black / African American 0.6%
Asian 0%
American Indian / Alaskan Native 0.2%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 3.1%
Other 0.8%

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

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

Under 10 10.9%
Aged 10-19 10.9%
20s 15.7%
30s 11.7%
40s 16.1%
50s 11.9%
60s 10.1%
70s 10%
80+ 2.4%

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


Pros And Cons Of Living In Whitwell, Tennessee

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

  • 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 Whitwell.


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

Whitwell, TN Rent To Own Homes


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