The housing in Carter, TN County is quite desirable. The median value for a house in the area is 183,300, which is much lower than the US House Median Value of 338,100. However, while the US experienced an 8.27% 1 year appreciation rate in house values, Carter, TN County saw a 15.74% increase over the same period. This increase indicates that people are looking to invest in this area and suggests that the market will continue to appreciate in the future.
The median home cost in Carter County is $183,300. Home appreciation the last 10 years has been 87.2%. Home Appreciation in Carter County is up 24.2%.
Average Age of Homes
- The median age of Carter County real estate is 41 years old
The Rental Market in Carter County
- Renters make up 25.4% of the Carter County population
- 0.7% of houses and apartments in Carter 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.