The housing market in Rutherford, TN has seen an impressive increase in value over the past year. The median value of houses in Rutherford is currently around $105,100—substantially lower than the national median of $338,100. Despite this difference, the one year appreciation rate for housing in Rutherford is actually substantially higher than at 19.25%, compared to the US average of 8.27%. This shows that Rutherford's housing market is on the rise and could be a great investment at its current prices.
The median home cost in Rutherford is $105,100. Home appreciation the last 10 years has been 87.0%. Home Appreciation in Rutherford is up 24.9%.
Average Age of Homes
- The median age of Rutherford real estate is 49 years old
The Rental Market in Rutherford
- Renters make up 26.2% of the Rutherford population
- 1.5% of houses and apartments in Rutherford, 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.