The housing market in Thompson's Station, TN is booming. The median value of houses in the area is $498,000, which is significantly higher than the US median value of $338,100. This difference is even more significant when looking at appreciation rates; the US 1 year house appreciation rate is 8.27%, while Thompson's Station has a staggering 17.27%. It appears that those invested in real estate in Thompson's Station are reaping substantial rewards from their investments.
The median home cost in Thompson's Station is $498,000. Home appreciation the last 10 years has been 151.7%. Home Appreciation in Thompson's Station is up 25.7%.
Average Age of Homes
- The median age of Thompson's Station real estate is 13 years old
The Rental Market in Thompson's Station
- Renters make up 9.5% of the Thompson's Station population
- 0.0% of houses and apartments in Thompson's Station, 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.