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Preforeclosure Homes in Rutledge, TN

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1 View this home at Owens Ln Rutledge TN 37861
Preforeclosure
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$129,600 EMV
Owens Ln
Rutledge, TN 37861
Single-Family
|
3 |
3
|
1,775
EST. RENT: $1,281
|
AUCTION: 04-16-2024
Single-Family
|
3 |
3
|
1,775
View this home at Rt 4 Box 500 Rutledge TN 37861
Preforeclosure
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Rt 4 Box 500
Rutledge, TN 37861
AUCTION: 04-09-2024
View this home at Cherokee Cv Rutledge TN 37861
Preforeclosure
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Cherokee Cv
Rutledge, TN 37861
AUCTION: 03-19-2024
10 View this home at Deer Valley Ln Rutledge TN 37861
Preforeclosure
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$58,000 EMV
Deer Valley Ln
Rutledge, TN 37861
Single-Family
2
|
1,323
EST. RENT: $952
|
AUCTION: 04-09-2024
Single-Family
2
|
1,323
Displaying 1 - 4 of 4
 
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Home Value Estimator For Rutledge, TN

There are currently 3,720 real estate properties in Rutledge, TN, with a median automated valuation model (AVM) price of $176,499.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Rutledge, 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 Rutledge, TN, is $240,249.00, with the most expensive house in Rutledge, TN, topping out at $2,300,000.00 and the cheapest home in Rutledge, TN, clocking in at $8,313.00. In other words, there’s something for every potential homebuyer or savvy investor in Rutledge, TN!


Rent Prices In Rutledge, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Rutledge, TN, is on a rollercoaster ride. The average rent price in Rutledge, TN, is $1,025.00. Indeed, when looking to rent in Rutledge, TN, you can expect to pay as little as $390.00 or as much as $2,300.00, with the average rent median estimated to be $990.00. The good news is that finding an affordable and desirable property to rent in Rutledge, 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 Rutledge, TN In 2024

Rutledge is located in Grainger, Tennessee, with an estimated municipal population of 1,355 residents. All of the best foreclosed homes for sale in Rutledge are located in the following zip code areas on Foreclosure.com: 37861. The estimated population per square kilometer (.62 miles) in Rutledge is 94.


Cost Of Living In Rutledge, TN

So, about how much do homes cost in Rutledge? The most recent median value of resident-owned homes in Rutledge is 88,742. An estimated 61.4 percent of households in Rutledge own their homes, with an average family size of 2.9. The median household income in Rutledge is 36,202, with3.8 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Rutledge, the median commute time of resident workers (in minutes) is 28.7. And last, but certainly not least, are you looking for homes to rent in Rutledge? If so, the average rent price paid by renters in Rutledge is 482, according to recent statistics.


Diversity And Demographics In Rutledge, 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 Rutledge, 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 Rutledge is 43.5, split between 47.3 percent male versus 52.7 female. The percentage of residents who report being married in Rutledge is 33.4, with an average family size of 2.9.

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

White 94%
Black / African American 3.8%
Asian 0.8%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.4%
Other 0%

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

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

Under 10 12.2%
Aged 10-19 9.5%
20s 9.1%
30s 14.5%
40s 12.4%
50s 9.9%
60s 14.8%
70s 6.5%
80+ 11.2%

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


Pros And Cons Of Living In Rutledge, Tennessee

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

  • 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 Rutledge.


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

Rutledge, TN Preforeclosure Homes


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