The housing market in Telford, TN is booming. The median value of a house in Telford is $231,900, which is much lower than the US median value of $338,100. However, the 1 year appreciation for houses in Telford has been an impressive 20.28%, much higher than the US 1 year appreciation of 8.27%. This shows that the housing market in Telford is very healthy and offers great potential for those looking to invest or purchase a house.
The median home cost in Telford is $231,900. Home appreciation the last 10 years has been 87.2%. Home Appreciation in Telford is up 24.2%.
Average Age of Homes
- The median age of Telford real estate is 27 years old
The Rental Market in Telford
- Renters make up 4.9% of the Telford population
- 0.0% of houses and apartments in Telford, 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.