The housing market in Blaine, TN is very strong. The median value of a house in Blaine is $260,300, which is significantly lower than the US House Median Value of $338,100. Despite this lower median value, the appreciation rate for houses in Blaine over the last year has been 20.45%, while the national average is only 8.27%. This shows that houses in Blaine are appreciating much faster than the overall national housing market and demonstrates the strong demand for property here.
The median home cost in Blaine is $260,300. Home appreciation the last 10 years has been 106.1%. Home Appreciation in Blaine is up 24.9%.
Average Age of Homes
- The median age of Blaine real estate is 25 years old
The Rental Market in Blaine
- Renters make up 15.3% of the Blaine population
- 0.4% of houses and apartments in Blaine, 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.