The housing market in Lyles, TN is performing well. The median value of a home in the area is currently $194,200, significantly lower than the national median value of $338,100. Additionally, over the past year, there has been an appreciation rate of 15.74% on houses throughout Lyles - much higher than the national average appreciation rate of 8.27%. This suggests that Lyles is a great place to invest in real estate and that property values are likely to continue rising.
The median home cost in Lyles is $194,200. Home appreciation the last 10 years has been 142.5%. Home Appreciation in Lyles is up 25.0%.
Average Age of Homes
- The median age of Lyles real estate is 26 years old
The Rental Market in Lyles
- Renters make up 48.0% of the Lyles population
- 0.0% of houses and apartments in Lyles, 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.