Humboldt, TN is a great place to purchase a home, with the median value being significantly lower than the national median. In the past year, appreciation of housing in Humboldt has substantially increased as well, at 19.25%, which is more than double the national rate of 8.27%. This makes Humboldt an attractive location for homeowners looking for a good deal and potential appreciation on their investment. With its low median value and high appreciation rate, Humboldt is becoming an increasingly popular place to purchase a home.
The median home cost in Humboldt is $131,600. Home appreciation the last 10 years has been 87.0%. Home Appreciation in Humboldt is up 24.9%.
Average Age of Homes
- The median age of Humboldt real estate is 47 years old
The Rental Market in Humboldt
- Renters make up 31.7% of the Humboldt population
- 1.5% of houses and apartments in Humboldt, 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.