The housing market in Signal Mountain, TN is performing strongly compared to the national average. The median value of houses in Signal Mountain is $468,900, which is significantly higher than the US median of $338,100. This difference is even more evident when looking at the appreciation rate for the past year - 13.88% in Signal Mountain compared to 8.27% nationwide. Clearly, property prices are going up quickly in Signal Mountain and this is likely to continue in the future. As such, investing in property here could be a sound decision for those looking to capitalize on a strong real estate market.
The median home cost in Signal Mountain is $468,900. Home appreciation the last 10 years has been 99.2%. Home Appreciation in Signal Mountain is up 22.8%.
Average Age of Homes
- The median age of Signal Mountain real estate is 39 years old
The Rental Market in Signal Mountain
- Renters make up 11.9% of the Signal Mountain population
- 0.0% of houses and apartments in Signal Mountain, 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.