The housing market in 37048 Cottontown, TN is quite impressive. The median value for houses in this area is currently at $378,700, which is significantly higher than the US House Median Value of $338,100. Additionally, the house appreciation rate over the past year in Cottontown has been 15.74%, which is much higher than the US 1 year House Appreciation rate of 8.27%. This shows that Cottontown is an attractive area for those looking to invest in real estate, as the area is likely to experience a continued rise in house prices and values over time.
The median home cost in Cottontown (zip 37048) is $378,700. Home appreciation the last 10 years has been 142.5%. Home Appreciation in Cottontown (zip 37048) is up 25.0%.
Average Age of Homes
- The median age of Cottontown (zip 37048) real estate is 30 years old
The Rental Market in Cottontown (zip 37048)
- Renters make up 13.4% of the Cottontown (zip 37048) population
- 0.9% of houses and apartments in Cottontown (zip 37048), 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.