Housing in 38449 Ardmore, TN is very affordable compared to the US median value of $338,100 with a median value of only $236,600. In the past year alone, house values have appreciated at an impressive rate of 19.43%, far outpacing the US average of 8.27%. This rapid appreciation suggests that now is an excellent time to invest in this area, as property values may continue to increase in the near future. With its low cost and high return potential, Ardmore offers a great opportunity for potential homeowners or investors looking for a deal.
The median home cost in Ardmore (zip 38449) is $236,600. Home appreciation the last 10 years has been 154.1%. Home Appreciation in Ardmore (zip 38449) is up 26.6%.
Average Age of Homes
- The median age of Ardmore (zip 38449) real estate is 34 years old
The Rental Market in Ardmore (zip 38449)
- Renters make up 16.0% of the Ardmore (zip 38449) population
- 0.7% of houses and apartments in Ardmore (zip 38449), 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.