The housing market in the Athens, TN Metro Area is booming. The median value for homes in this area is $215,100, which is significantly lower than the US house median value of $338,100. In the last year alone, the housing appreciation rate in Athens has been a whopping 21.43%, much higher than the 8.27% appreciation rate across the US as a whole. This means that individuals looking to invest in real estate or purchase a new home are likely to find success in this area due to its high rate of appreciation and lower home prices compared to other parts of the country.
The median home cost in Athens Metro Area is $215,100. Home appreciation the last 10 years has been 100.8%. Home Appreciation in Athens Metro Area is up 23.2%.
Average Age of Homes
- The median age of Athens Metro Area real estate is 38 years old
The Rental Market in Athens Metro Area
- Renters make up 22.0% of the Athens Metro Area population
- 1.2% of houses and apartments in Athens Metro Area, 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.