Luttrell, TN is a small town located in East Tennessee. Its housing market has seen tremendous appreciation over the past year with median home values increasing by 20.45%. This is considerably higher than the national average of 8.27% and significantly above the US median value of $338,100. Despite its small population, Luttrell has seen an impressive increase in housing prices that have made it a desirable option for potential homeowners looking for affordable yet quality options for themselves or their families.
The median home cost in Luttrell is $171,200. Home appreciation the last 10 years has been 106.1%. Home Appreciation in Luttrell is up 24.9%.
Average Age of Homes
- The median age of Luttrell real estate is 28 years old
The Rental Market in Luttrell
- Renters make up 36.8% of the Luttrell population
- 3.6% of houses and apartments in Luttrell, 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.