Coalmont, TN is a great place to live in terms of housing. The median value of homes is $117,300, significantly lower than the US House median value of $338,100. In the last year, the US House appreciation rate was 8.27%, but in Coalmont it was even higher at 13.88%. This means that buying a house in Coalmont can be a great investment and homeowners have seen good returns on their investments over the past year.
The median home cost in Coalmont is $117,300. Home appreciation the last 10 years has been 99.2%. Home Appreciation in Coalmont is up 22.8%.
Average Age of Homes
- The median age of Coalmont real estate is 28 years old
The Rental Market in Coalmont
- Renters make up 17.0% of the Coalmont population
- 2.0% of houses and apartments in Coalmont, 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.