The housing market in Baxter, TN is booming! With a median value of $260,400, it is significantly lower than the US House Median Value of $338,100. However, the 1 year house appreciation in Baxter is an impressive 19.24%, which is much higher than the US 1 year appreciation rate of 8.27%. This demonstrates that real estate investments are proving to be profitable in Baxter, TN and it's no wonder why so many people are flocking to this area for their home buying needs.
The median home cost in Baxter is $260,400. Home appreciation the last 10 years has been 111.1%. Home Appreciation in Baxter is up 25.2%.
Average Age of Homes
- The median age of Baxter real estate is 43 years old
The Rental Market in Baxter
- Renters make up 32.6% of the Baxter population
- 2.9% of houses and apartments in Baxter, 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.