East Ridge, TN is a great place to live with its median house value being $224,800 - well below the US median of $338,100. The appreciation rate for East Ridge homes has been very strong over the past year, coming in at 17.25%, significantly higher than the 8.27% appreciation rate across the US. This demonstrates that East Ridge is a desirable market for buyers and sellers alike.
The median home cost in East Ridge is $224,800. Home appreciation the last 10 years has been 118.0%. Home Appreciation in East Ridge is up 20.0%.
Average Age of Homes
- The median age of East Ridge real estate is 56 years old
The Rental Market in East Ridge
- Renters make up 41.3% of the East Ridge population
- 1.1% of houses and apartments in East Ridge, 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.