Housing in Munford, TN is a great investment, as the median value of houses is $249,200, over $88,000 lower than the US House Median Value. In addition to this, the one year house appreciation in Munford is 15.26%, higher than the US 1 year House Appreciation of 8.27%. These factors make housing in Munford an attractive investment for those looking for an affordable and growing market.
The median home cost in Munford is $249,200. Home appreciation the last 10 years has been 94.9%. Home Appreciation in Munford is up 20.2%.
Average Age of Homes
- The median age of Munford real estate is 25 years old
The Rental Market in Munford
- Renters make up 38.5% of the Munford population
- 3.9% of houses and apartments in Munford, 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.