Housing in Ooltewah, TN is an attractive option for potential homebuyers due to its median value of $386,100 - surpassing the national median value of $338,100. Furthermore, the US 1 year house appreciation rate is 8.27% whereas Ooltewah's one year appreciation rate is 13.88% - a higher rate than the national average. This makes Ooltewah an ideal option for those looking to invest in housing as it has potential for growth and stability.
The median home cost in Ooltewah is $386,100. Home appreciation the last 10 years has been 99.2%. Home Appreciation in Ooltewah is up 22.8%.
Average Age of Homes
- The median age of Ooltewah real estate is 57 years old
The Rental Market in Ooltewah
- Renters make up 48.5% of the Ooltewah population
- 0.0% of houses and apartments in Ooltewah, 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.