Mountain City, TN is a great place to live and invest in real estate. The median housing value is $183,800 which is significantly lower than the US median of $338,100. Furthermore, the 1 year house appreciation in Mountain City, TN is an impressive 20.28% compared to only 8.27% nationally. This makes Mountain City an attractive destination for those looking to purchase a home or make a profitable investment in real estate.
The median home cost in Mountain City is $183,800. Home appreciation the last 10 years has been 87.2%. Home Appreciation in Mountain City is up 24.2%.
Average Age of Homes
- The median age of Mountain City real estate is 45 years old
The Rental Market in Mountain City
- Renters make up 34.8% of the Mountain City population
- 0.0% of houses and apartments in Mountain City, 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.