The housing market in Lawrence, TN County is thriving. The median value of houses in the county is $200,600, which is significantly lower than the US House Median Value of $338,100. However, this difference has been more than made up for by the house appreciation rate in Lawrence, TN County over the last year. At 19.43%, it is almost double the national average of 8.27%. This shows that real estate investment in Lawrence, TN County can be a sound decision for those looking to buy or invest in property.
The median home cost in Lawrence County is $200,600. Home appreciation the last 10 years has been 154.1%. Home Appreciation in Lawrence County is up 26.6%.
Average Age of Homes
- The median age of Lawrence County real estate is 36 years old
The Rental Market in Lawrence County
- Renters make up 22.6% of the Lawrence County population
- 0.6% of houses and apartments in Lawrence 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.