The housing market in Tiptonville, TN is quite strong. The median value of homes in the area is $98,300, which is significantly lower than the US median value of $338,100. However, Tiptonville has seen a much higher 1-year increase in house appreciation than the US average of 8.27%, with appreciation sitting at 15.27%. This high appreciation rate indicates that this market is very robust and could be an attractive option for those looking to buy or invest in a home.
The median home cost in Tiptonville is $98,300. Home appreciation the last 10 years has been 94.9%. Home Appreciation in Tiptonville is up 20.2%.
Average Age of Homes
- The median age of Tiptonville real estate is 42 years old
The Rental Market in Tiptonville
- Renters make up 40.2% of the Tiptonville population
- 3.3% of houses and apartments in Tiptonville, 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.