The housing market in the Crossville, TN Metro Area is thriving. Despite a median value of $245,600 being lower than the US median value, it has seen a much higher appreciation over the past year at 15.79%, compared to the 8.27% national average. This suggests that housing in this area is in high demand and presents great opportunities for potential home buyers or investors. The appreciation rate of 15.79% means that there could be potential for further increases in home values in the near future, making now an ideal time for people to purchase a property in Crossville, TN Metro Area.
The median home cost in Crossville Metro Area is $245,600. Home appreciation the last 10 years has been 111.0%. Home Appreciation in Crossville Metro Area is up 25.2%.
Average Age of Homes
- The median age of Crossville Metro Area real estate is 26 years old
The Rental Market in Crossville Metro Area
- Renters make up 17.4% of the Crossville Metro Area population
- 1.8% of houses and apartments in Crossville 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.