Ducktown, TN is a great place to live and invest in real estate; it has a median housing value of $207,500, which is significantly lower than the United States' house median value of $338,100. The one year appreciation rate of houses in Ducktown is 13.88%, which is higher than the national average of 8.27%. This means that investing in ducktown's housing market will provide a higher return than the national average. Furthermore, with Ducktown's lower median housing value, it should be relatively easy to find deals that could potentially provide even greater returns.
The median home cost in Ducktown is $207,500. Home appreciation the last 10 years has been 99.2%. Home Appreciation in Ducktown is up 22.8%.
Average Age of Homes
- The median age of Ducktown real estate is 65 years old
The Rental Market in Ducktown
- Renters make up 34.6% of the Ducktown population
- 0.9% of houses and apartments in Ducktown, 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.