The housing market in Tazewell, TN is quite strong, with the median value of $157,200 being significantly lower than the US median value of $338,100. In addition, the 1 year house appreciation rate for Tazewell is an impressive 21.68%, much higher than the US appreciation rate of 8.27%. This shows that Tazewell is rapidly becoming a popular location for those looking to invest in real estate. With its relatively low cost of living and high appreciation rate, it is a great option for anyone looking to purchase or invest in property.
The median home cost in Tazewell is $157,200. Home appreciation the last 10 years has been 114.6%. Home Appreciation in Tazewell is up 27.0%.
Average Age of Homes
- The median age of Tazewell real estate is 44 years old
The Rental Market in Tazewell
- Renters make up 34.0% of the Tazewell population
- 3.7% of houses and apartments in Tazewell, 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.