Zip 37687 (Roan Mountain, TN) Housing

Housing in 37687 Roan Mountain, TN is significantly more valuable than the national average. The median value of homes in the area is $197,200, which is approximately 42% lower than the national median value of $338,100. However, the annual appreciation rate for housing in Roan Mountain has outpaced the national appreciation rate; it has been 20.28% compared to 8.27%. This means that homeowners in Roan Mountain can expect their property values to continue increasing over time.

The median home cost in Roan Mountain (zip 37687) is $197,200. Home appreciation the last 10 years has been 87.2%. Home Appreciation in Roan Mountain (zip 37687) is up 24.2%.

Average Age of Homes

- The median age of Roan Mountain (zip 37687) real estate is 33 years old

The Rental Market in Roan Mountain (zip 37687)

- Renters make up 12.5% of the Roan Mountain (zip 37687) population
- 1.0% of houses and apartments in Roan Mountain (zip 37687), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Roan Mountain, Tennessee	United States
	2,422.0	139,647,020.0
	37	42
	$197,200	$338,100
	24.2%	16.6%
	71.7%	57.0%
	87.2%	101.1%
	$5.48	$10.98
	$624	$2,690
	64.5%	57.4%
	26.6%	11.2%
	8.8%	31.4%
Vacant Housing
	1.0%	1.9%
	0.9%	0.4%
	2.2%	0.7%
	0.7%	0.4%
	14.0%	3.6%
	8.0%	4.1%
Value of Owner-Occupied Housing
	6.3%	2.6%
	9.6%	2.4%
	8.0%	2.8%
	9.7%	3.9%
	9.0%	4.5%
	23.9%	11.3%
	12.4%	13.0%
	11.6%	20.1%
	3.4%	13.6%
	1.2%	8.3%
	3.5%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	1.6%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	17.1%	13.6%
	17.1%	13.6%
	21.7%	13.6%
	16.6%	13.2%
	13.3%	14.8%
	21.7%	13.6%
	5.4%	10.0%
	2.6%	4.7%
	14.0%	12.2%

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