Greenfield, TN is a small town with a population of just over 7,000 people. The housing median value in Greenfield is $107,800 which is significantly lower than the US house median value of $338,100. Despite this, the US 1 year house appreciation rate is only 8.27%, whereas the house 1 year appreciation rate in Greenfield is 18.32%. This suggests that housing prices are increasing at a much faster rate in Greenfield than the national average, making it an attractive place for potential buyers to invest in property and potentially cash in on future gains.
The median home cost in Greenfield is $107,800. Home appreciation the last 10 years has been 114.7%. Home Appreciation in Greenfield is up 25.8%.
Average Age of Homes
- The median age of Greenfield real estate is 46 years old
The Rental Market in Greenfield
- Renters make up 25.5% of the Greenfield population
- 0.0% of houses and apartments in Greenfield, 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.