The housing median value in Farragut, TN (37934) is $532,400 which is far higher than the US median of $338,100. This reflects the healthy and appreciated housing market in Farragut—the one year house appreciation rate here is 19.70%, much higher than the 8.27% national average. Therefore, it is evident that Farragut offers a desirable living environment with plenty of investment potential for those looking to invest in real estate.
The median home cost in Farragut (zip 37934) is $532,400. Home appreciation the last 10 years has been 116.9%. Home Appreciation in Farragut (zip 37934) is up 24.7%.
Average Age of Homes
- The median age of Farragut (zip 37934) real estate is 27 years old
The Rental Market in Farragut (zip 37934)
- Renters make up 12.5% of the Farragut (zip 37934) population
- 0.3% of houses and apartments in Farragut (zip 37934), 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.