Meigs, TN County is a great place to invest in real estate. The median value of homes in the area is $234,600, which is significantly lower than the US median of $338,100. The US house appreciation rate in the past year was 8.27%, however the rate of home appreciation for Meigs, TN County was much higher at 20.15%. This suggests that investing in housing in Meigs County could yield greater returns over time. With such an attractive median price and high rate of appreciation, it's no wonder why so many people are looking to purchase or invest in housing within this county.
The median home cost in Meigs County is $234,600. Home appreciation the last 10 years has been 102.2%. Home Appreciation in Meigs County is up 23.6%.
Average Age of Homes
- The median age of Meigs County real estate is 27 years old
The Rental Market in Meigs County
- Renters make up 18.6% of the Meigs County population
- 0.4% of houses and apartments in Meigs 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.