Greeneville, TN is an attractive location for those looking to invest in real estate due to its comparatively high median housing value of $179,700. This is significantly lower than the US median value of $338,100. The appreciation rate for housing in Greeneville is also higher than the national average at 20.45%, significantly higher than the 8.27% seen across the United States as a whole. Potential buyers should consider investing in Greeneville as it could be a wise financial decision with huge potential returns.
The median home cost in Greeneville is $179,700. Home appreciation the last 10 years has been 106.1%. Home Appreciation in Greeneville is up 24.9%.
Average Age of Homes
- The median age of Greeneville real estate is 48 years old
The Rental Market in Greeneville
- Renters make up 41.2% of the Greeneville population
- 4.9% of houses and apartments in Greeneville, 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.