The housing market in Cowan, TN is a great investment for potential homeowners. The median value of homes in the area is $151,900, substantially lower than the US median value of $338,100. Additionally, the 1 year house appreciation rate in Cowan is 13.88%, significantly higher than the US average of 8.27%. This makes it an excellent option for those looking to purchase a home as they can expect their investment to increase over time. With its competitive pricing and high rate of appreciation, investing in housing in Cowan, TN is a smart decision.
The median home cost in Cowan is $151,900. Home appreciation the last 10 years has been 99.2%. Home Appreciation in Cowan is up 22.8%.
Average Age of Homes
- The median age of Cowan real estate is 58 years old
The Rental Market in Cowan
- Renters make up 29.5% of the Cowan population
- 0.0% of houses and apartments in Cowan, 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.