The housing market in Rural Hill, TN is strong, with the median value of homes being $352,700 which is significantly higher than the US median value of $338,100. Additionally, house appreciation in Rural Hill has been higher than the national average, with an impressive increase of 16.76% in just one year compared to 8.27% across the US. This shows that investing in rural housing in this area can be a great opportunity for those looking to make a good return on their purchase.
The median home cost in Rural Hill is $352,700. Home appreciation the last 10 years has been 148.7%. Home Appreciation in Rural Hill is up 25.5%.
Average Age of Homes
- The median age of Rural Hill real estate is 28 years old
The Rental Market in Rural Hill
- Renters make up 9.0% of the Rural Hill population
- 4.2% of houses and apartments in Rural Hill, 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.