Mason, TN has an impressive housing median value of $171,700 which is significantly lower than the US median value of $338,100. Despite this difference in cost, Mason's one year house appreciation rate is 15.27%, which is 7% higher than the national average of 8.27%. This shows that the housing market in Mason, TN is thriving and steadily increasing in value. Such strong appreciation is a sign that Mason, TN continues to be an attractive location for potential homebuyers looking for affordable real estate.
The median home cost in Mason (zip 38049) is $171,700. Home appreciation the last 10 years has been 94.9%. Home Appreciation in Mason (zip 38049) is up 20.2%.
Average Age of Homes
- The median age of Mason (zip 38049) real estate is 29 years old
The Rental Market in Mason (zip 38049)
- Renters make up 24.1% of the Mason (zip 38049) population
- 2.9% of houses and apartments in Mason (zip 38049), 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.