Zip 38563 (Gordonsville, TN) Housing

The housing market in 38563 Gordonsville, TN is booming. The median value of a home in the area is $244,800, which is significantly lower than the US median value of $338,100. However, this area has seen a much higher appreciation rate in the past year at 19.24%, while the US average appreciation rate was 8.27%. This makes it an attractive destination for both current homeowners looking to increase their equity and prospective buyers looking to get more bang for their buck.

The median home cost in Gordonsville (zip 38563) is $244,800. Home appreciation the last 10 years has been 111.1%. Home Appreciation in Gordonsville (zip 38563) is up 25.2%.

Average Age of Homes

- The median age of Gordonsville (zip 38563) real estate is 34 years old

The Rental Market in Gordonsville (zip 38563)

- Renters make up 24.8% of the Gordonsville (zip 38563) population
- 0.0% of houses and apartments in Gordonsville (zip 38563), 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	Gordonsville, Tennessee	United States
	924.0	139,647,020.0
	36	42
	$244,800	$338,100
	25.2%	16.6%
	86.2%	57.0%
	111.1%	101.1%
	$5.47	$10.98
	$1,000	$2,690
	73.2%	57.4%
	3.1%	11.2%
	23.7%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	2.1%	3.6%
	1.1%	4.1%
Value of Owner-Occupied Housing
	1.3%	2.6%
	0.9%	2.4%
	1.9%	2.8%
	6.4%	3.9%
	9.0%	4.5%
	16.7%	11.3%
	23.4%	13.0%
	18.6%	20.1%
	14.9%	13.6%
	6.4%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.4%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	9.1%	13.6%
	9.1%	13.6%
	29.7%	13.6%
	12.2%	13.2%
	15.5%	14.8%
	29.7%	13.6%
	13.3%	10.0%
	1.3%	4.7%
	8.0%	12.2%

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