The housing market in the Lewisburg, TN Metro Area is robust and continuing to grow. The median value of a home in the area is $286,600, which is well below the US median value of $338,100. However, the one-year appreciation rate for homes in Lewisburg is 17.31%, which is significantly higher than the national average of 8.27%. This indicates that housing prices are increasing rapidly and that the real estate market remains strong in the area. With its attractive mix of affordability and growth potential, it's no wonder that many people are looking to purchase a home in this vibrant metro area.
The median home cost in Lewisburg Metro Area is $286,600. Home appreciation the last 10 years has been 142.5%. Home Appreciation in Lewisburg Metro Area is up 25.0%.
Average Age of Homes
- The median age of Lewisburg Metro Area real estate is 32 years old
The Rental Market in Lewisburg Metro Area
- Renters make up 23.4% of the Lewisburg Metro Area population
- 1.4% of houses and apartments in Lewisburg 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.