The housing market in South Fulton, TN is quite strong. The median value of a house in South Fulton is $118,200, which is significantly lower than the US median of $338,100. Despite this difference, the appreciation rate for houses in South Fulton over the last year was 18.32%, a much higher rate than the US average of 8.27%. This indicates that housing prices in South Fulton are increasing by a larger margin than the national average. This is great news for those looking to purchase a home in South Fulton as they can expect to see some solid returns on their investment.
The median home cost in South Fulton is $118,200. Home appreciation the last 10 years has been 114.7%. Home Appreciation in South Fulton is up 25.8%.
Average Age of Homes
- The median age of South Fulton real estate is 50 years old
The Rental Market in South Fulton
- Renters make up 26.8% of the South Fulton population
- 1.3% of houses and apartments in South Fulton, 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.