McEwen, TN is an area with a strong housing market. The median value of a house in the town is $130,800, which is significantly lower than the US median value of $338,100. However, the 1 year appreciation rate for houses in McEwen is 17.31%, which is much higher than the US rate of 8.27%. This shows that homes are becoming more valuable and sought-after in McEwen. Thus, it can be concluded that this area has a positive outlook for its housing market and potential buyers and sellers should take advantage of this opportunity.
The median home cost in McEwen is $130,800. Home appreciation the last 10 years has been 152.0%. Home Appreciation in McEwen is up 25.7%.
Average Age of Homes
- The median age of McEwen real estate is 42 years old
The Rental Market in McEwen
- Renters make up 23.1% of the McEwen population
- 0.0% of houses and apartments in McEwen, 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.