Three Way, TN Housing


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The housing market in Three Way, TN is thriving. The median value of houses in the area is $272,100, which is significantly lower than the US median value of $338,100. On top of that, the 1 year appreciation rate of houses in Three Way is 19.25%, almost double the national rate of 8.27%. This indicates that investing in property in Three Way would be an extremely attractive option for those looking to buy or rent real estate in this area.

The median home cost in Three Way is $272,100. Home appreciation the last 10 years has been 87.0%. Home Appreciation in Three Way is up 24.9%.

Average Age of Homes
- The median age of Three Way real estate is 21 years old
The Rental Market in Three Way
- Renters make up 5.0% of the Three Way population
- 1.2% of houses and apartments in Three Way, 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.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingThree Way, TennesseeUnited States
  759.0139,647,020.0
  2542
  $272,100$338,100
  24.9%16.6%
  67.1%57.0%
  87.0%101.1%
  $6.68$10.98
  $1,138$2,690
  87.1%57.4%
  5.4%11.2%
  7.5%31.4%
  Vacant Housing
  1.2%1.9%
  0.0%0.4%
  0.0%0.7%
  0.0%0.4%
  1.7%3.6%
  2.5%4.1%
  Value of Owner-Occupied Housing
  0.6%2.6%
  1.2%2.4%
  0.8%2.8%
  0.5%3.9%
  6.5%4.5%
  25.1%11.3%
  31.8%13.0%
  28.7%20.1%
  4.5%13.6%
  0.3%8.3%
  0.0%9.7%
  0.0%3.9%
  0.0%2.2%
  0.0%0.8%
  0.0%1.1%
  Housing Units by Year Structure Built
  0.4%0.2%
  27.1%13.6%
  27.1%13.6%
  39.1%13.6%
  8.4%13.2%
  11.9%14.8%
  39.1%13.6%
  1.6%10.0%
  0.0%4.7%
  1.4%12.2%
Commute
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