The housing in Bolivar, TN (zipcode 38008) is quite affordable compared to the US median value. The median value of a house in this area is $116,900 which is far less than the US median of $338,100. Additionally, the 1-year house appreciation rate is 15.27%, much higher than the national rate of 8.27%. This makes Bolivar an attractive option for people looking for an affordable and growing housing market.
The median home cost in Bolivar (zip 38008) is $116,900. Home appreciation the last 10 years has been 94.9%. Home Appreciation in Bolivar (zip 38008) is up 20.2%.
Average Age of Homes
- The median age of Bolivar (zip 38008) real estate is 40 years old
The Rental Market in Bolivar (zip 38008)
- Renters make up 29.0% of the Bolivar (zip 38008) population
- 1.1% of houses and apartments in Bolivar (zip 38008), 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.