The housing market in Rockwood, TN is thriving with a median housing value of $186,600. This is nearly half of the US House median value of $338,100. Over the past year, US house appreciation has been 8.27%, while the appreciation in Rockwood has been significantly higher at 21.67%. This indicates that investments in real estate in Rockwood are showing promise and are booming compared to the rest of the country. With this strong evidence it looks like Rockwood is set to remain an attractive option for potential buyers and investors alike.
The median home cost in Rockwood is $186,600. Home appreciation the last 10 years has been 114.6%. Home Appreciation in Rockwood is up 27.0%.
Average Age of Homes
- The median age of Rockwood real estate is 56 years old
The Rental Market in Rockwood
- Renters make up 48.2% of the Rockwood population
- 3.1% of houses and apartments in Rockwood, 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.