The housing market in Beersheba Springs, TN (37305) is a great investment for buyers. The median value of homes in this area is $120,100 which is substantially lower than the US median value of $338,100 making it an attractive option. In addition to the more affordable price tag, the 1 year house appreciation rate in Beersheba Springs is 13.88%, which is much higher than the US average of 8.27%. Therefore, buying a home here can be a great investment with potential returns well above the US average.
The median home cost in Beersheba Springs (zip 37305) is $120,100. Home appreciation the last 10 years has been 99.2%. Home Appreciation in Beersheba Springs (zip 37305) is up 22.8%.
Average Age of Homes
- The median age of Beersheba Springs (zip 37305) real estate is 31 years old
The Rental Market in Beersheba Springs (zip 37305)
- Renters make up 12.6% of the Beersheba Springs (zip 37305) population
- 0.0% of houses and apartments in Beersheba Springs (zip 37305), 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.