Housing in Bristol, TN is a great place to live as it offers both affordability and appreciation. The median value of housing in Bristol is significantly less than the US House Median Value, at $182,700 compared to $338,100. However, the appreciation rate for housing in Bristol is higher than the national average, at 20.28% compared to 8.27%. This makes housing in Bristol an attractive option for potential homeowners looking for both a good deal and strong return on investment.
The median home cost in Bristol is $182,700. Home appreciation the last 10 years has been 87.2%. Home Appreciation in Bristol is up 24.2%.
Average Age of Homes
- The median age of Bristol real estate is 50 years old
The Rental Market in Bristol
- Renters make up 27.9% of the Bristol population
- 1.8% of houses and apartments in Bristol, 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.