The housing market in Shackle Island, TN is quite strong with the median value for a house being $377,800. This is significantly higher than the US House Median Value of $338,100 and indicates that homes in Shackle Island are more expensive than average. Furthermore, the 1 year House Appreciation rate for Shackle Island was 15.74%, which is nearly double the US House Appreciation rate of 8.27%. This demonstrates that houses in Shackle Island have seen an increase in value over the past year at a faster rate than other areas across the nation.
The median home cost in Shackle Island is $377,800. Home appreciation the last 10 years has been 142.5%. Home Appreciation in Shackle Island is up 25.0%.
Average Age of Homes
- The median age of Shackle Island real estate is 25 years old
The Rental Market in Shackle Island
- Renters make up 3.4% of the Shackle Island population
- 0.0% of houses and apartments in Shackle Island, 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.