The housing market in Minor Hill, TN is thriving. The median value of homes in the area is $197,600, which is significantly lower than the US median value of $338,100. Moreover, there has been an impressive 1 year appreciation rate of 19.43%, far higher than the national average of 8.27%. This indicates that Minor Hill real estate investments are likely to be a good long-term investment opportunity for potential homebuyers and investors alike.
The median home cost in Minor Hill is $197,600. Home appreciation the last 10 years has been 154.1%. Home Appreciation in Minor Hill is up 26.6%.
Average Age of Homes
- The median age of Minor Hill real estate is 40 years old
The Rental Market in Minor Hill
- Renters make up 33.6% of the Minor Hill population
- 0.0% of houses and apartments in Minor Hill, 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.