Fairmount, TN is a great place to live, with an impressive median housing value of $411,800. This value is much higher than the national median housing value of $338,100. The appreciation rate for Fairmount's housing market in the past year has been 13.88%, which is significantly higher than the national appreciation rate of 8.27%. With such a high median home value and impressive appreciation rate, Fairmount is an ideal place for people looking to invest in real estate.
The median home cost in Fairmount is $411,800. Home appreciation the last 10 years has been 99.2%. Home Appreciation in Fairmount is up 22.8%.
Average Age of Homes
- The median age of Fairmount real estate is 27 years old
The Rental Market in Fairmount
- Renters make up 12.1% of the Fairmount population
- 0.0% of houses and apartments in Fairmount, 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.