Grimsley, TN is an area with a high median value for housing, with the median value of housing in Grimsley at $212,000 compared to the US house median value of $338,100. Additionally, the one-year house appreciation in Grimsley has been significantly higher than the national average, at 19.24% compared to 8.27%. This indicates that investing in real estate in Grimsley is a good option in terms of both initial purchase costs and potential appreciation over time.
The median home cost in Grimsley is $212,000. Home appreciation the last 10 years has been 111.1%. Home Appreciation in Grimsley is up 25.2%.
Average Age of Homes
- The median age of Grimsley real estate is 40 years old
The Rental Market in Grimsley
- Renters make up 24.4% of the Grimsley population
- 0.0% of houses and apartments in Grimsley, 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.