The housing market in 38011 Brighton, TN is especially strong compared to the US average. The median house value in Brighton is $233,500, which is much lower than the US median of $338,100. Despite this lower price point, the 1 year appreciation rate has been 15.27%, making it one of the fastest appreciating markets in the US with an 8.27% national average. This suggests that Brighton real estate can be a great investment opportunity for potential homeowners and buyers.
The median home cost in Brighton (zip 38011) is $233,500. Home appreciation the last 10 years has been 94.9%. Home Appreciation in Brighton (zip 38011) is up 20.2%.
Average Age of Homes
- The median age of Brighton (zip 38011) real estate is 27 years old
The Rental Market in Brighton (zip 38011)
- Renters make up 17.4% of the Brighton (zip 38011) population
- 1.5% of houses and apartments in Brighton (zip 38011), 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.