Zip 38034 (Friendship, TN) Housing

The housing market in Friendship, TN (38034) is thriving with a median value of $121,100. This is much lower than the US House Median Value of $338,100, but the 1 year appreciation rate for homes in Friendship is 15.27%, almost double the national appreciation rate of 8.27%. This means that those who invest in housing here could receive a great return on their investment in just one year. People looking to move or invest in real estate should consider Friendship as an attractive option.

The median home cost in Friendship (zip 38034) is $121,100. Home appreciation the last 10 years has been 94.9%. Home Appreciation in Friendship (zip 38034) is up 20.2%.

Average Age of Homes

- The median age of Friendship (zip 38034) real estate is 46 years old

The Rental Market in Friendship (zip 38034)

- Renters make up 29.5% of the Friendship (zip 38034) population
- 1.2% of houses and apartments in Friendship (zip 38034), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Friendship, Tennessee	United States
	1,587.0	139,647,020.0
	43	42
	$121,100	$338,100
	20.2%	16.6%
	63.5%	57.0%
	94.9%	101.1%
	$5.38	$10.98
	$573	$2,690
	68.7%	57.4%
	16.3%	11.2%
	15.0%	31.4%
Vacant Housing
	1.2%	1.9%
	0.0%	0.4%
	0.1%	0.7%
	0.0%	0.4%
	6.2%	3.6%
	8.8%	4.1%
Value of Owner-Occupied Housing
	2.7%	2.6%
	7.6%	2.4%
	12.8%	2.8%
	10.1%	3.9%
	11.8%	4.5%
	29.0%	11.3%
	8.8%	13.0%
	9.5%	20.1%
	5.4%	13.6%
	0.0%	8.3%
	0.3%	9.7%
	2.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	15.5%	13.6%
	15.5%	13.6%
	18.3%	13.6%
	8.2%	13.2%
	21.5%	14.8%
	18.3%	13.6%
	11.2%	10.0%
	3.5%	4.7%
	6.2%	12.2%

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