The housing market in Sweetwater, TN has been booming recently. The median value of a house is $211,500, which is considerably lower than the US House Median Value of $338,100. Furthermore, the 1 year House Appreciation for Sweetwater is 21.68%, much higher than the average 8.27% appreciation rate for houses across the United States. This makes Sweetwater an attractive option for those looking to purchase a home at an affordable price and enjoy a big return on their investment.
The median home cost in Sweetwater is $211,500. Home appreciation the last 10 years has been 114.6%. Home Appreciation in Sweetwater is up 27.0%.
Average Age of Homes
- The median age of Sweetwater real estate is 46 years old
The Rental Market in Sweetwater
- Renters make up 32.3% of the Sweetwater population
- 1.2% of houses and apartments in Sweetwater, 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.