The housing market in Tracy City, TN is a thriving and booming industry. The median value of homes in the city is $128,700, which is quite lower than the US House Median Value of $338,100. However, compared to the US 1 year House Appreciation rate of 8.27%, Tracy City has seen an impressive house appreciation rate of 13.88% over that same time period. This indicates that this area is very desirable for potential homebuyers and will likely continue to increase in value over the years.
The median home cost in Tracy City is $128,700. Home appreciation the last 10 years has been 99.2%. Home Appreciation in Tracy City is up 22.8%.
Average Age of Homes
- The median age of Tracy City real estate is 41 years old
The Rental Market in Tracy City
- Renters make up 23.2% of the Tracy City population
- 1.1% of houses and apartments in Tracy City, 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.