The housing market in La Vergne, TN is currently flourishing. The median value for a home in the area is $308,900, which is slightly below the US median value of $338,100. However, La Vergne has experienced a higher appreciation rate than the national average. Over the past year, house appreciation in La Vergne has been at 15.79%, significantly higher than the US 1 year appreciation rate of 8.27%. This trend suggests that now is a great time to invest in La Vergne's housing market and reap the benefits of increasing home values.
The median home cost in La Vergne is $308,900. Home appreciation the last 10 years has been 142.8%. Home Appreciation in La Vergne is up 25.0%.
Average Age of Homes
- The median age of La Vergne real estate is 20 years old
The Rental Market in La Vergne
- Renters make up 22.8% of the La Vergne population
- 1.9% of houses and apartments in La Vergne, 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.