Summertown, TN is a great place to buy a home. The median housing value in the city is $236,900 which is significantly lower than the national median of $338,100. In addition, homes in Summertown have appreciated by 19.43% over the past year, compared to an 8.27% appreciation rate nationally. This makes Summertown an attractive market for prospective homebuyers looking for a good deal on a quality residence.
The median home cost in Summertown is $236,900. Home appreciation the last 10 years has been 154.1%. Home Appreciation in Summertown is up 26.6%.
Average Age of Homes
- The median age of Summertown real estate is 33 years old
The Rental Market in Summertown
- Renters make up 17.8% of the Summertown population
- 0.0% of houses and apartments in Summertown, 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.