The housing market in Bulls Gap, TN is thriving. The median value of homes in Bulls Gap is $174,500 which is less than half the US median value of $338,100. While the US has seen a 1 year appreciation rate of 8.27%, homes in Bulls Gap have seen an even greater 1 year appreciation rate of 20.45%. This shows that the housing market in Bulls Gap is particularly strong and growing faster than the national average.
The median home cost in Bulls Gap is $174,500. Home appreciation the last 10 years has been 106.1%. Home Appreciation in Bulls Gap is up 24.9%.
Average Age of Homes
- The median age of Bulls Gap real estate is 53 years old
The Rental Market in Bulls Gap
- Renters make up 23.9% of the Bulls Gap population
- 2.9% of houses and apartments in Bulls Gap, 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.