Midtown, TN is a great place to invest in housing. The median value of houses in Midtown is significantly lower than the US median at $122,200, making it an attractive option for potential buyers. Furthermore, the 1 year appreciation of house values in Midtown is 20.45%, which is much higher than the national average of 8.27%. This makes Midtown an even more appealing option for those looking to invest in real estate as they can expect greater returns on their investments over time.
The median home cost in Midtown is $122,200. Home appreciation the last 10 years has been 106.1%. Home Appreciation in Midtown is up 24.9%.
Average Age of Homes
- The median age of Midtown real estate is 41 years old
The Rental Market in Midtown
- Renters make up 20.7% of the Midtown population
- 3.6% of houses and apartments in Midtown, 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.