Dowelltown, TN is one of the most desirable locations in the area due to its strong housing market. The median value of a home in Dowelltown, TN is $223,800, which is significantly lower than the US median home value of $338,100. Despite this disparity in pricing, Dowelltown boasts an impressive 1 year appreciation rate of 15.74%, far higher than the US average of 8.27%. This makes it an attractive option for potential buyers looking to purchase a property and make a return on investment quickly.
The median home cost in Dowelltown is $223,800. Home appreciation the last 10 years has been 142.5%. Home Appreciation in Dowelltown is up 25.0%.
Average Age of Homes
- The median age of Dowelltown real estate is 37 years old
The Rental Market in Dowelltown
- Renters make up 10.1% of the Dowelltown population
- 0.0% of houses and apartments in Dowelltown, 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.