Wartrace, TN Housing

The housing market in Wartrace, TN is booming. The median value of homes in the area currently stands at $305,600, which is significantly lower than the US median value of $338,100. However, what Wartrace lacks in housing cost is made up for by its 1 year house appreciation rate of 17.31%, almost double the national average of 8.27%. This trend suggests that investing in housing in Wartrace is a wise decision and a fantastic opportunity for prospective homeowners and investors alike.

The median home cost in Wartrace is $305,600. Home appreciation the last 10 years has been 152.0%. Home Appreciation in Wartrace is up 25.7%.

Average Age of Homes

- The median age of Wartrace real estate is 51 years old

The Rental Market in Wartrace

- Renters make up 20.1% of the Wartrace population
- 20.4% of houses and apartments in Wartrace, 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

Housing	Wartrace, Tennessee	United States
	393.0	139,647,020.0
	73	42
	$305,600	$338,100
	25.7%	16.6%
	82.3%	57.0%
	152.0%	101.1%
	$5.98	$10.98
	$894	$2,690
	53.2%	57.4%
	28.5%	11.2%
	18.3%	31.4%
Vacant Housing
	20.4%	1.9%
	1.5%	0.4%
	0.0%	0.7%
	1.8%	0.4%
	0.0%	3.6%
	4.8%	4.1%
Value of Owner-Occupied Housing
	1.4%	2.6%
	3.3%	2.4%
	13.4%	2.8%
	1.0%	3.9%
	10.0%	4.5%
	26.3%	11.3%
	25.4%	13.0%
	11.0%	20.1%
	2.9%	13.6%
	5.3%	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
	0.0%	0.2%
	20.1%	13.6%
	20.1%	13.6%
	4.8%	13.6%
	8.1%	13.2%
	3.3%	14.8%
	4.8%	13.6%
	3.6%	10.0%
	5.6%	4.7%
	45.5%	12.2%