The housing market in Brentwood, TN is booming compared to the US average. The median value of homes in Brentwood is over $1.1 million, which is more than three times the national median value of $338,100. Furthermore, the US housing appreciation rate over the past year was 8.27%, whereas in Brentwood it was 15.74%. This means that houses have increased in value significantly faster in Brentwood, TN than the national average - indicating a healthy and vibrant housing market.
The median home cost in Brentwood is $1,127,200. Home appreciation the last 10 years has been 142.5%. Home Appreciation in Brentwood is up 25.0%.
Average Age of Homes
- The median age of Brentwood real estate is 25 years old
The Rental Market in Brentwood
- Renters make up 8.3% of the Brentwood population
- 1.2% of houses and apartments in Brentwood, 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.