The housing market in 37818 Mosheim, TN is flourishing, as evidenced by the median value of $169,700. This is significantly lower than the US House Median Value of $338,100 and shows that there are plenty of affordable options here. Furthermore, the one year house appreciation rate in this area is an impressive 21.68%, which is far above the national rate of 8.27%, indicating strong growth and demand for properties here. Overall, 37818 Mosheim is a great place to purchase a home due to its affordability and steady appreciation rate.
The median home cost in Mosheim (zip 37818) is $169,700. Home appreciation the last 10 years has been 114.6%. Home Appreciation in Mosheim (zip 37818) is up 27.0%.
Average Age of Homes
- The median age of Mosheim (zip 37818) real estate is 39 years old
The Rental Market in Mosheim (zip 37818)
- Renters make up 25.4% of the Mosheim (zip 37818) population
- 1.0% of houses and apartments in Mosheim (zip 37818), 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.