Real Estate Investing in Pikeville, Tennessee
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Should you buy in Pikeville, TN? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 16.0% of homes vacant — above national norms.
What’s happening in Pikeville, TN?
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Market Trends — Pikeville, TN
Home Value History
Local Pulse Report
AI-researched developments and news for Pikeville, TN. Updated on demand as visitors ask.
Growth & development in Pikeville, TN Updated 2 days ago
Opportunities
- The City of Pikeville is constructing a new $20 million Wastewater Treatment Plant, expected to be completed by September 2026. — This project will improve sewage treatment efficiency, reduce environmental impact, and create local job opportunities. City of Pikeville, TN
- Multiple new construction homes are available in Pikeville, with various sizes and price points. — This expands housing choices for residents and those looking to move to the area. Zillow, Trulia, Redfin
- Pikeville is seeing commercial properties for sale, including a 2.5-acre improved commercial land with a structure and potential for various businesses. — These properties offer opportunities for new businesses and economic development in the area. LandSearch, Realmo, Crexi
- The City of Pikeville sought bids for a new metal building for the Fire Department by November 2023. — This investment aims to improve public safety infrastructure for the community. City of Pikeville, TN
- Bledsoe County, where Pikeville is located, has 100% broadband coverage, supporting business and entrepreneurial endeavors. — Reliable broadband access enhances opportunities for remote work, education, and business growth. Bledsoe County Economic Development
AI-generated from public web sources. Always verify with official records. Not financial, legal, or investment advice.
Landlord Ground Truth
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ZIP Codes in Pikeville, TN
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View PlansFrequently Asked Questions About Pikeville, TN
Does Pikeville, TN make sense for an investment property?
With a 3.0/5 investability score, Pikeville, TN ranks as a solid market for rental property investors. Median prices of $243K and rents of $882/mo drive the underlying numbers.
How strong is the working-renter base in Pikeville, TN?
Tenant demand in Pikeville, TN is solid. The local workforce $882/mo rents across most rental classes.
What are rental rates like in Pikeville, TN?
Rental rates in Pikeville, TN average $882/mo. Tenant demand and $243K home values make the yield look reasonable by investor standards.
Is house hacking profitable in Pikeville, TN?
House hacking in Pikeville, TN is reasonable to execute. Prices around $243K and rents of $882/mo solid owner-occupant economics.
What are vacancy rates like in Pikeville, TN?
Vacancy in Pikeville, TN is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $882/mo.
Community Ratings
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