The housing in Erin, TN is a great investment opportunity. The median value of homes in the area is $163,700, which is significantly lower than the US median house value of $338,100. In addition, the 1 year house appreciation rate in Erin is 15.74%, which is much higher than the national average of 8.27%. This makes investing in Erin an attractive option for those looking to benefit from a high return on their investments without completely breaking the bank.
The median home cost in Erin is $163,700. Home appreciation the last 10 years has been 142.5%. Home Appreciation in Erin is up 25.0%.
Average Age of Homes
- The median age of Erin real estate is 46 years old
The Rental Market in Erin
- Renters make up 39.1% of the Erin population
- 1.1% of houses and apartments in Erin, 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.