The housing market in 38006 Bells, TN is a strong and vibrant one. The median value of a house in the area is $149,100, which is significantly lower than the national median of $338,100. However, the one year house appreciation rate for this city is 15.27%, much higher than the national average of 8.27%. This suggests that real estate investment opportunities are abundant and that prices are likely to continue to rise over time. With such an attractive housing market, it is no wonder why many people are looking to buy into 38006 Bells, TN.
The median home cost in Bells (zip 38006) is $149,100. Home appreciation the last 10 years has been 94.9%. Home Appreciation in Bells (zip 38006) is up 20.2%.
Average Age of Homes
- The median age of Bells (zip 38006) real estate is 31 years old
The Rental Market in Bells (zip 38006)
- Renters make up 26.5% of the Bells (zip 38006) population
- 2.2% of houses and apartments in Bells (zip 38006), 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.