The housing in 38488 Taft, TN is significantly more affordable than the US median value of $338,100. The median value of houses in Taft is $268,000, indicating that this area provides an opportunity for potential homebuyers to purchase a home at a price lower than the national average. Despite being more affordable, the house appreciation rate in Taft is higher than the US average of 8.27%, with houses in Taft appreciating 19.43% over the last year. This makes it an attractive option for people looking to invest in real estate.
The median home cost in Taft (zip 38488) is $268,000. Home appreciation the last 10 years has been 154.1%. Home Appreciation in Taft (zip 38488) is up 26.6%.
Average Age of Homes
- The median age of Taft (zip 38488) real estate is 29 years old
The Rental Market in Taft (zip 38488)
- Renters make up 15.7% of the Taft (zip 38488) population
- 0.0% of houses and apartments in Taft (zip 38488), 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.