Riceville, TN is an affordable area for housing, with a median house value that is significantly lower than the US average. Despite this lower value, the housing market in Riceville has seen a much higher rate of appreciation over the past year than the national average, with a 13.88% increase in median house values. This makes Riceville an attractive destination for potential homebuyers who are looking to get more bang for their buck when it comes to purchasing property.
The median home cost in Riceville is $263,900. Home appreciation the last 10 years has been 99.2%. Home Appreciation in Riceville is up 22.8%.
Average Age of Homes
- The median age of Riceville real estate is 34 years old
The Rental Market in Riceville
- Renters make up 24.3% of the Riceville population
- 0.0% of houses and apartments in Riceville, 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.