Red Bank, TN Housing


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Red Bank, TN has seen an impressive housing market in the last year with an appreciation rate of 17.14%, far higher than the national average of 8.27%. Median housing value in Red Bank is around $258,900, which is significantly lower than the national median value of $338,100. Red Bank provides great opportunities for potential buyers who are looking for a more affordable option while still having access to good quality housing and local amenities.

The median home cost in Red Bank is $258,900. Home appreciation the last 10 years has been 117.4%. Home Appreciation in Red Bank is up 20.1%.

Average Age of Homes
- The median age of Red Bank real estate is 51 years old
The Rental Market in Red Bank
- Renters make up 44.9% of the Red Bank population
- 2.7% of houses and apartments in Red Bank, 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.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingRed Bank, TennesseeUnited States
  6,490.0139,647,020.0
  5842
  $258,900$338,100
  20.1%16.6%
  75.9%57.0%
  117.4%101.1%
  $8.97$10.98
  $1,626$2,690
  50.0%57.4%
  9.2%11.2%
  40.8%31.4%
  Vacant Housing
  2.7%1.9%
  1.1%0.4%
  0.8%0.7%
  0.7%0.4%
  0.3%3.6%
  3.6%4.1%
  Value of Owner-Occupied Housing
  1.0%2.6%
  2.4%2.4%
  0.0%2.8%
  5.6%3.9%
  3.6%4.5%
  19.6%11.3%
  28.8%13.0%
  28.8%20.1%
  4.1%13.6%
  2.8%8.3%
  1.5%9.7%
  1.6%3.9%
  0.1%2.2%
  0.0%0.8%
  0.0%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  3.3%13.6%
  3.3%13.6%
  7.0%13.6%
  6.0%13.2%
  19.3%14.8%
  7.0%13.6%
  22.4%10.0%
  12.7%4.7%
  9.9%12.2%
Reviews for Red Bank
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Over 18 years ago

Definately 4 seasons, but mild winters. Summers comparable to St.  More

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