Housing in Sumner, TN County is a great investment. The median value for a house in the county is more than $395,400, which is significantly higher than the national average of $338,100. Furthermore, the US has seen a 1 year house appreciation rate of 8.27%, while Sumner, TN County has experienced an even higher rate of 16.90%. This makes it an excellent choice for those looking to invest in property and reap the benefits of a strong housing market with potential for long-term gains.
The median home cost in Sumner County is $395,400. Home appreciation the last 10 years has been 144.4%. Home Appreciation in Sumner County is up 25.1%.
Average Age of Homes
- The median age of Sumner County real estate is 28 years old
The Rental Market in Sumner County
- Renters make up 25.4% of the Sumner County population
- 1.8% of houses and apartments in Sumner 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.