Zip 37178 (Tennessee Ridge, TN) Housing

The housing in 37178 Tennessee Ridge, TN is faring quite well compared to the US house median value and appreciation rate. The housing median value for this area is $192,200 which is significantly lower than the US house median value of $338,100. However, despite this difference in values, Tennessee Ridge has seen a much higher 1 year house appreciation rate of 17.31% which is more than double the national average of 8.27%. This indicates a strong local economy with high demand for housing leading to an increase in market prices.

The median home cost in Tennessee Ridge (zip 37178) is $192,200. Home appreciation the last 10 years has been 152.0%. Home Appreciation in Tennessee Ridge (zip 37178) is up 25.7%.

Average Age of Homes

- The median age of Tennessee Ridge (zip 37178) real estate is 34 years old

The Rental Market in Tennessee Ridge (zip 37178)

- Renters make up 14.7% of the Tennessee Ridge (zip 37178) population
- 1.2% of houses and apartments in Tennessee Ridge (zip 37178), 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	Tennessee Ridge, Tennessee	United States
	1,030.0	139,647,020.0
	41	42
	$192,200	$338,100
	25.7%	16.6%
	82.3%	57.0%
	152.0%	101.1%
	$7.79	$10.98
	$842	$2,690
	72.2%	57.4%
	18.9%	11.2%
	8.8%	31.4%
Vacant Housing
	1.2%	1.9%
	0.0%	0.4%
	0.3%	0.7%
	0.0%	0.4%
	5.5%	3.6%
	11.9%	4.1%
Value of Owner-Occupied Housing
	4.3%	2.6%
	2.6%	2.4%
	11.8%	2.8%
	19.4%	3.9%
	7.3%	4.5%
	22.3%	11.3%
	12.1%	13.0%
	9.9%	20.1%
	6.3%	13.6%
	0.0%	8.3%
	4.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.5%	0.2%
	11.0%	13.6%
	11.0%	13.6%
	20.5%	13.6%
	10.1%	13.2%
	29.7%	14.8%
	20.5%	13.6%
	7.4%	10.0%
	2.7%	4.7%
	2.3%	12.2%

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