Housing in Hancock, TN County is very affordable compared to the US median value. The median value for houses in Hancock, TN County is $134,600, which is significantly lower than the US median value of $338,100. Additionally, the 1 year house appreciation rate in Hancock, TN County is 15.86%, which is considerably higher than the US rate of 8.27%. Therefore, investing in housing in Hancock, TN County may be a sound financial decision with potentially high returns.
The median home cost in Hancock County is $134,600. Home appreciation the last 10 years has been 113.8%. Home Appreciation in Hancock County is up 26.8%.
Average Age of Homes
- The median age of Hancock County real estate is 36 years old
The Rental Market in Hancock County
- Renters make up 19.1% of the Hancock County population
- 0.3% of houses and apartments in Hancock County, 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.