The housing market in Park City, TN is seeing a lot of activity recently. The median value of homes is currently at $149,100, which is significantly lower than the US median value of $338,100. However, Park City has seen an impressive 1 year house appreciation of 13.88%, which is higher than the US average of 8.27%. This could be a great opportunity for those looking to invest in the area or purchase a home for their family.
The median home cost in Park City is $149,100. Home appreciation the last 10 years has been 99.2%. Home Appreciation in Park City is up 22.8%.
Average Age of Homes
- The median age of Park City real estate is 35 years old
The Rental Market in Park City
- Renters make up 15.8% of the Park City population
- 1.9% of houses and apartments in Park City, 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.