The housing market in Toone, TN is highly desirable due to its affordability and appreciation rate. The median value of homes in Toone is $123,300, which is significantly lower than the US median of $338,100. In addition, the 1 year house appreciation rate in Toone is 19.25%, more than double the US average of 8.27%. Therefore, those looking for an affordable home with a strong potential for growth should consider investing in the real estate market of Toone.
The median home cost in Toone is $123,300. Home appreciation the last 10 years has been 87.0%. Home Appreciation in Toone is up 24.9%.
Average Age of Homes
- The median age of Toone real estate is 49 years old
The Rental Market in Toone
- Renters make up 28.7% of the Toone population
- 2.5% of houses and apartments in Toone, 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.