The housing market in Falling Water, TN is quite strong. The median value for a house in the area is $287,600, which is significantly lower than the US median value of $338,100. Despite this disparity, the 1 year appreciation rate for houses in Falling Water is impressive at 14.27%, much greater than the US average of 8.27%. This indicates that Falling Water's housing market is growing faster than many other areas in the country, and signals an attractive investment opportunity for potential homeowners.
The median home cost in Falling Water is $287,600. Home appreciation the last 10 years has been 101.4%. Home Appreciation in Falling Water is up 22.5%.
Average Age of Homes
- The median age of Falling Water real estate is 32 years old
The Rental Market in Falling Water
- Renters make up 11.7% of the Falling Water population
- 0.0% of houses and apartments in Falling Water, 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.