The housing market in Jacksboro, TN is doing very well. The median value of housing in this area is currently $244,100, which is significantly lower than the median value for US housing ($338,100). However, the one-year appreciation of housing in Jacksboro has been an impressive 20.45%, whereas the US only experienced 8.27% appreciation over the same period. This makes Jacksboro a great place to invest in real estate right now, as people are seeing significant returns on their investments faster than they would elsewhere.
The median home cost in Jacksboro is $244,100. Home appreciation the last 10 years has been 106.1%. Home Appreciation in Jacksboro is up 24.9%.
Average Age of Homes
- The median age of Jacksboro real estate is 32 years old
The Rental Market in Jacksboro
- Renters make up 30.7% of the Jacksboro population
- 4.2% of houses and apartments in Jacksboro, 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.