McMinn, TN County is experiencing a real estate boom with the median value of homes increasing significantly from $215,100 to over $338,100 in the last year. This represents an impressive 21.43% increase in house appreciation rate. This is more than double the national average of 8.27%. Many individuals and families are taking advantage of this opportunity and investing in McMinn County's robust real estate market.
The median home cost in McMinn County is $215,100. Home appreciation the last 10 years has been 100.8%. Home Appreciation in McMinn County is up 23.2%.
Average Age of Homes
- The median age of McMinn County real estate is 38 years old
The Rental Market in McMinn County
- Renters make up 22.0% of the McMinn County population
- 1.2% of houses and apartments in McMinn 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.