Sewanee, TN has a median value for housing of $369,200 which is substantially higher than the US median value of $338,100. This indicates that Sewanee is an affluent area with significantly higher real estate prices. Moreover, the annual house appreciation in Sewanee is 13.88%, which is more than 5% higher than the national average of 8.27%. This implies that investing in homes in this area would be a good decision and could generate significant returns in the future.
The median home cost in Sewanee is $369,200. Home appreciation the last 10 years has been 99.2%. Home Appreciation in Sewanee is up 22.8%.
Average Age of Homes
- The median age of Sewanee real estate is 58 years old
The Rental Market in Sewanee
- Renters make up 43.8% of the Sewanee population
- 0.0% of houses and apartments in Sewanee, 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.