Housing in 38229 Gleason, TN has a median value of $122,700, which is significantly lower than the US House Median Value of $338,100. However, it's 1 year House Appreciation rate is much higher than the US average at 18.32%, compared to 8.27%. This shows that Gleason, TN is an area where houses are increasing in value quite rapidly. It's an attractive area for potential buyers looking for a good investment with good appreciation potential.
The median home cost in Gleason (zip 38229) is $122,700. Home appreciation the last 10 years has been 114.7%. Home Appreciation in Gleason (zip 38229) is up 25.8%.
Average Age of Homes
- The median age of Gleason (zip 38229) real estate is 40 years old
The Rental Market in Gleason (zip 38229)
- Renters make up 31.5% of the Gleason (zip 38229) population
- 0.0% of houses and apartments in Gleason (zip 38229), 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.