The housing market in Gadsden, TN (zip code 38337) is strong. The median value of homes in the area is $141,100, which is significantly lower than the US median value of $338,100. This makes Gadsden an attractive place for many potential buyers looking for a more affordable home. In addition to the lower cost, the housing market has had a large growth over the last year with appreciation rates at 19.25%, much higher than the national rate of 8.27%. This means that local homeowners can enjoy greater returns as their property values increase over time. Gadsden is an excellent choice for those looking for a more moderate cost of living and great potential growth in their home's worth.
The median home cost in Gadsden (zip 38337) is $141,100. Home appreciation the last 10 years has been 87.0%. Home Appreciation in Gadsden (zip 38337) is up 24.9%.
Average Age of Homes
- The median age of Gadsden (zip 38337) real estate is 36 years old
The Rental Market in Gadsden (zip 38337)
- Renters make up 26.7% of the Gadsden (zip 38337) population
- 0.0% of houses and apartments in Gadsden (zip 38337), 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.