Westmoreland, TN is a great place to own a home. The median value of homes in the area is $200,800. This is significantly lower than the US median value of $338,100. The appreciation rate for houses in Westmoreland over the past year has been 17.31%, which is significantly higher than the national rate of 8.27%. This means that owning a home in Westmoreland can be an excellent investment opportunity and it's easy to see why many people are looking to purchase property in this area.
The median home cost in Westmoreland is $200,800. Home appreciation the last 10 years has been 152.0%. Home Appreciation in Westmoreland is up 25.7%.
Average Age of Homes
- The median age of Westmoreland real estate is 43 years old
The Rental Market in Westmoreland
- Renters make up 32.2% of the Westmoreland population
- 1.2% of houses and apartments in Westmoreland, 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.