The housing market in 37877 Talbott, TN is incredibly robust. According to the data, the median value for a home in the area is $240,700, which is significantly lower than the US House Median Value of $338,100. However, what really stands out is the 1 year appreciation rate for homes in this area- 21.68%, which is more than double the US 1 year House Appreciation rate of 8.27%. This suggests that Talbott is an excellent place to invest in real estate and could be an ideal location for those looking to purchase a home at a great price with plenty of potential for future growth.
The median home cost in Talbott (zip 37877) is $240,700. Home appreciation the last 10 years has been 114.6%. Home Appreciation in Talbott (zip 37877) is up 27.0%.
Average Age of Homes
- The median age of Talbott (zip 37877) real estate is 38 years old
The Rental Market in Talbott (zip 37877)
- Renters make up 14.7% of the Talbott (zip 37877) population
- 0.0% of houses and apartments in Talbott (zip 37877), 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.