The housing market in Sunbright, TN (37872) is experiencing a strong appreciation rate. The median value of housing in the area is $154,300, which is significantly lower than the US House Median Value of $338,100. However, it has seen an impressive 1-year appreciation rate of 21.68%, compared to the US House median appreciation rate of 8.27%. This shows that Sunbright's housing market is currently booming and is a great investment opportunity for those looking to buy a home in the area.
The median home cost in Sunbright (zip 37872) is $154,300. Home appreciation the last 10 years has been 114.6%. Home Appreciation in Sunbright (zip 37872) is up 27.0%.
Average Age of Homes
- The median age of Sunbright (zip 37872) real estate is 35 years old
The Rental Market in Sunbright (zip 37872)
- Renters make up 15.5% of the Sunbright (zip 37872) population
- 0.3% of houses and apartments in Sunbright (zip 37872), 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.