The housing market in Bean Station, TN (37708) is doing incredibly well. The median value of homes is $207,500 which is much lower than the US house median value of $338,100. However, the one year appreciation rate for houses in this area has been 20.45%, more than double the US average of 8.27%. This indicates that Bean Station real estate is a hot commodity and will continue to appreciate in value for years to come.
The median home cost in Bean Station (zip 37708) is $207,500. Home appreciation the last 10 years has been 106.1%. Home Appreciation in Bean Station (zip 37708) is up 24.9%.
Average Age of Homes
- The median age of Bean Station (zip 37708) real estate is 34 years old
The Rental Market in Bean Station (zip 37708)
- Renters make up 14.5% of the Bean Station (zip 37708) population
- 2.3% of houses and apartments in Bean Station (zip 37708), 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.