Baileyton, TN is a great place to live for those looking to invest in housing. The median value of homes in Baileyton, TN is currently $156,800, which is significantly lower than the US House Median Value of $338,100. Additionally, over the past year, home appreciation in Baileyton has been even higher than the US average at 20.45%, compared to 8.27% nationally. This means that investing in housing in Baileyton could be a smart option for those looking to capitalize on a growing real estate market.
The median home cost in Baileyton is $156,800. Home appreciation the last 10 years has been 106.1%. Home Appreciation in Baileyton is up 24.9%.
Average Age of Homes
- The median age of Baileyton real estate is 43 years old
The Rental Market in Baileyton
- Renters make up 38.4% of the Baileyton population
- 5.0% of houses and apartments in Baileyton, 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.