Housing in Rutledge, TN is very desirable, as evidenced by the median value being much higher than the national average. The median value in Rutledge is $193,600 compared to the US median value of $338,100. Not only does the housing in Rutledge have a higher value than elsewhere in the country, but it has also seen greater appreciation over the last year with an appreciation of 21.68%, far exceeding the US average of 8.27%. This makes Rutledge a great place to invest in real estate!
The median home cost in Rutledge is $193,600. Home appreciation the last 10 years has been 114.6%. Home Appreciation in Rutledge is up 27.0%.
Average Age of Homes
- The median age of Rutledge real estate is 40 years old
The Rental Market in Rutledge
- Renters make up 36.5% of the Rutledge population
- 2.9% of houses and apartments in Rutledge, 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.