Zip 38316 (Bradford, TN) Housing

The housing market in 38316 Bradford, TN is extremely strong. The median value of a home in the area is $123,000, which is significantly lower than the US median value of $338,100. Furthermore, over the past year, the appreciation rate for homes in Bradford has been 19.25%, which is more than double the US average appreciation rate of 8.27%. Thus, those interested in investing in real estate or buying a home in Bradford can expect to see their property values increase substantially over time.

The median home cost in Bradford (zip 38316) is $123,000. Home appreciation the last 10 years has been 87.0%. Home Appreciation in Bradford (zip 38316) is up 24.9%.

Average Age of Homes

- The median age of Bradford (zip 38316) real estate is 44 years old

The Rental Market in Bradford (zip 38316)

- Renters make up 16.2% of the Bradford (zip 38316) population
- 2.4% of houses and apartments in Bradford (zip 38316), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Bradford, Tennessee	United States
	1,256.0	139,647,020.0
	49	42
	$123,000	$338,100
	24.9%	16.6%
	67.1%	57.0%
	87.0%	101.1%
	$7.49	$10.98
	$827	$2,690
	68.4%	57.4%
	14.7%	11.2%
	16.9%	31.4%
Vacant Housing
	2.4%	1.9%
	2.0%	0.4%
	1.5%	0.7%
	0.0%	0.4%
	3.1%	3.6%
	5.7%	4.1%
Value of Owner-Occupied Housing
	1.4%	2.6%
	11.2%	2.4%
	10.4%	2.8%
	16.8%	3.9%
	5.2%	4.5%
	17.0%	11.3%
	15.3%	13.0%
	12.5%	20.1%
	6.8%	13.6%
	2.7%	8.3%
	0.9%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	11.0%	13.6%
	11.0%	13.6%
	16.8%	13.6%
	8.7%	13.2%
	15.8%	14.8%
	16.8%	13.6%
	10.9%	10.0%
	14.3%	4.7%
	7.5%	12.2%

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