Gallatin, TX has a housing median value of $138,300 which is significantly lower than the US housing median value of $338,100. Despite this disparity between the two values, Gallatin’s year-over-year house appreciation rate of 16.49% has been higher than the national rate of 8.27%. This suggests that Gallatin’s housing market is strong and growing, with people being attracted to invest in it due to its comparatively low prices and high returns.
The median home cost in Gallatin is $138,300. Home appreciation the last 10 years has been 96.3%. Home Appreciation in Gallatin is up 20.0%.
Average Age of Homes
- The median age of Gallatin real estate is 36 years old
The Rental Market in Gallatin
- Renters make up 18.2% of the Gallatin population
- 2.7% of houses and apartments in Gallatin, 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.