Ripley, TN is an ideal location for people looking to purchase real estate. The median housing value in Ripley, TN is $126,100, which is significantly lower than the US House Median Value of $338,100. Additionally, the 1 year house appreciation rate in Ripley is 15.27%, while the US 1 year House Appreciation rate is only 8.27%. This makes Ripley an even more attractive option for potential homebuyers as they can benefit from both low prices and a high rate of appreciation.
The median home cost in Ripley is $126,100. Home appreciation the last 10 years has been 94.9%. Home Appreciation in Ripley is up 20.2%.
Average Age of Homes
- The median age of Ripley real estate is 44 years old
The Rental Market in Ripley
- Renters make up 52.7% of the Ripley population
- 3.4% of houses and apartments in Ripley, 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.