The housing market in Dandridge, TN is very strong. The median value of a house in Dandridge is $314,500 which is significantly lower than the US House Median Value of $338,100. In addition, the house appreciation rate over the past year has been 20.45%, which is much higher than the US 1 year House Appreciation rate of 8.27%. This impressive growth rate indicates that now may be an opportune time for potential buyers to invest in real estate in Dandridge. Those looking to buy a home should take advantage of this strong market and make their move soon.
The median home cost in Dandridge is $314,500. Home appreciation the last 10 years has been 106.1%. Home Appreciation in Dandridge is up 24.9%.
Average Age of Homes
- The median age of Dandridge real estate is 30 years old
The Rental Market in Dandridge
- Renters make up 21.6% of the Dandridge population
- 1.7% of houses and apartments in Dandridge, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.