New Johnsonville, TN is a great place to invest in real estate. The median value of housing in the city is $175,200, lower than the US house median value of $338,100. However, it has seen an impressive one year appreciation rate of 17.31%, compared to the 8.27% national average. This makes it an attractive option for those looking to invest in property or become a homeowner in the area.
The median home cost in New Johnsonville is $175,200. Home appreciation the last 10 years has been 152.0%. Home Appreciation in New Johnsonville is up 25.7%.
Average Age of Homes
- The median age of New Johnsonville real estate is 44 years old
The Rental Market in New Johnsonville
- Renters make up 14.9% of the New Johnsonville population
- 1.2% of houses and apartments in New Johnsonville, 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.