The housing market in Jasper, TN is a great investment opportunity for homeowners. The median value of a house in Jasper is $196,900, which is significantly lower than the US House Median Value of $338,100. This presents a great opportunity for potential buyers to invest in this area as they will be able to buy more house for their money. Additionally, the appreciation of the houses here has been impressive with a one year appreciation rate of 13.88%, which is higher than the US average of 8.27%. With these factors taken into account, Jasper looks like an attractive option for potential real estate investors looking to get more value out of their money.
The median home cost in Jasper is $196,900. Home appreciation the last 10 years has been 99.2%. Home Appreciation in Jasper is up 22.8%.
Average Age of Homes
- The median age of Jasper real estate is 40 years old
The Rental Market in Jasper
- Renters make up 34.2% of the Jasper population
- 3.5% of houses and apartments in Jasper, 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.