The housing market in Moscow, TN is currently thriving, with the median value of a home being $233,000. This is significantly lower than the US housing median value of $338,100 but what is impressive is that the appreciation rate for homes in Moscow over the past year is 15.27%, much higher than the US average of 8.27%. This increase in property values indicates that there is a strong demand for residential real estate in this area and a healthy local economy to support it.
The median home cost in Moscow is $233,000. Home appreciation the last 10 years has been 94.9%. Home Appreciation in Moscow is up 20.2%.
Average Age of Homes
- The median age of Moscow real estate is 42 years old
The Rental Market in Moscow
- Renters make up 39.2% of the Moscow population
- 4.6% of houses and apartments in Moscow, 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.