Spring City, TN is a great place to live with a median home value of $218,300 and an impressive appreciation rate of 13.88% over the past year. While this is lower than the US median home value of $338,100, the appreciation rate in Spring City is significantly higher than the US average of 8.27%. This means that buying a home in Spring City now will most likely result in a greater return on investment in the future. With so much potential for growth and many different housing options, it's no surprise that Spring City is becoming increasingly popular among home buyers.
The median home cost in Spring City is $218,300. Home appreciation the last 10 years has been 99.2%. Home Appreciation in Spring City is up 22.8%.
Average Age of Homes
- The median age of Spring City real estate is 46 years old
The Rental Market in Spring City
- Renters make up 29.2% of the Spring City population
- 0.0% of houses and apartments in Spring City, 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.