Macon, TN County is a great place to invest in real estate. The median housing value in Macon County is $210,900, which is significantly lower than the national median of $338,100. The US has experienced an 8.27% house appreciation rate over the past year, but in Macon County this rate jumps significantly to 17.80%. This indicates that real estate investments made in Macon County are likely to increase in value more quickly than other locations around the country. Investing in real estate could be a great way to build equity and wealth over time for those living or considering moving to Macon County.
The median home cost in Macon County is $210,900. Home appreciation the last 10 years has been 144.9%. Home Appreciation in Macon County is up 25.2%.
Average Age of Homes
- The median age of Macon County real estate is 27 years old
The Rental Market in Macon County
- Renters make up 25.2% of the Macon County population
- 1.2% of houses and apartments in Macon 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.