The housing market in Greeneville, Tennessee (zip code 37745) is booming. The median value of a house in the area is $194,000 – much lower than the US-wide median value of $338,100. The one year appreciation rate of houses across the United States is 8.27%, while in Greeneville the appreciation rate has been an impressive 20.45%. This indicates that not only is investing in real estate in Greenville a good option, but that there are also opportunities for considerable capital growth over time.
The median home cost in Greeneville (zip 37745) is $194,000. Home appreciation the last 10 years has been 106.1%. Home Appreciation in Greeneville (zip 37745) is up 24.9%.
Average Age of Homes
- The median age of Greeneville (zip 37745) real estate is 41 years old
The Rental Market in Greeneville (zip 37745)
- Renters make up 28.9% of the Greeneville (zip 37745) population
- 3.7% of houses and apartments in Greeneville (zip 37745), 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.