The housing market in Lobelville, TN is doing much better than the US average. The median value of a home in Lobelville is $144,100, compared to the US median value of $338,100. Additionally, house appreciation in Lobelville has been higher than the national average over the last year, at 15.74%, while the US only saw an 8.27% increase. This remarkable performance makes it an ideal place for people looking to invest in real estate or searching for their dream home.
The median home cost in Lobelville (zip 37097) is $144,100. Home appreciation the last 10 years has been 142.5%. Home Appreciation in Lobelville (zip 37097) is up 25.0%.
Average Age of Homes
- The median age of Lobelville (zip 37097) real estate is 31 years old
The Rental Market in Lobelville (zip 37097)
- Renters make up 17.2% of the Lobelville (zip 37097) population
- 0.0% of houses and apartments in Lobelville (zip 37097), 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.