Housing in 38201 McKenzie, TN is quite affordable compared to the median US housing price. The median value for housing in 38201 McKenzie, TN is $137,900 which is much lower than the US median of $338,100. Furthermore, the 1 year appreciation rate for housing in 38201 McKenzie, TN is 18.32%, significantly higher than the US rate of 8.27%. This makes 38201 McKenzie, TN an attractive option for those looking to gain equity quickly and find more affordable housing options.
The median home cost in McKenzie (zip 38201) is $137,900. Home appreciation the last 10 years has been 114.7%. Home Appreciation in McKenzie (zip 38201) is up 25.8%.
Average Age of Homes
- The median age of McKenzie (zip 38201) real estate is 42 years old
The Rental Market in McKenzie (zip 38201)
- Renters make up 23.6% of the McKenzie (zip 38201) population
- 1.1% of houses and apartments in McKenzie (zip 38201), 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.