Belle Meade, TN is known for its luxurious housing. The median value of houses in Belle Meade is an astonishing $1,981,500 - almost six times the US median house value of $338,100. This high median value is indicative of the high prices that homes in Belle Meade fetch. Not only that, but over the past year the appreciation rate of housing in Belle Meade has been 18.68%, which is significantly higher than the US average appreciation rate of 8.27%. These numbers demonstrate why Belle Meade remains a sought after real estate destination for many people looking to invest in luxury housing.
The median home cost in Belle Meade is $1,981,500. Home appreciation the last 10 years has been 186.6%. Home Appreciation in Belle Meade is up 24.4%.
Average Age of Homes
- The median age of Belle Meade real estate is 66 years old
The Rental Market in Belle Meade
- Renters make up 6.1% of the Belle Meade population
- 0.0% of houses and apartments in Belle Meade, 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.